Re:If my startup makes it to a series A stage, am I rich per...
by sharpshoot on Thursday April 12, 2007 @10:20AM
(#12245)
Why do you ask such a question? Getting VC money is validation that what your working on has the potential to solve a really big problem. Depending upon th liquidation preferences the angel investors can cash out or retain a new class of share. Its still ramen and hard work until you a) build a super sustainable company (recurring revenue, cash, employees, scalability) or exit (being bought by another company, trade sale, IPO etc) Then you've made it as an entrepreneur...
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