Agree. If we're talking about investing a huge chunk of my life on someone else's startup, a chance at life-changing money is just about the only thing that will do. %1 diluted in 2 follow-on rounds sounds good if we're talking about a chance at a very large exit, but otherwise you've got to be kidding.
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Agree. If we're talking about investing a huge chunk of my life on someone else's startup, a chance at life-changing money is just about the only thing that will do. %1 diluted in 2 follow-on rounds sounds good if we're talking about a chance at a very large exit, but otherwise you've got to be kidding.