Ask HN: Have funds, want to create a startup

Re:Ask HN: Have funds, want to create a startup by siegel on Sunday May 21, 2017 @01:43PM (#14388241)

How do you intend to use your own money to fund this startup, then? Unless you intend to just give a straight loan to the company to be paid back with interest at some future date, then this will eventually be an unequal split. That's fine. But just be careful about how you do this.

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Re:Ask HN: Have funds, want to create a startup by vasilipupkin on Sunday May 21, 2017 @02:42PM (#14388527)

I'll buy preferred convertible equity probably in addition to common stock, so that I'm both an investor and a founder

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Re:Ask HN: Have funds, want to create a startup by siegel on Sunday May 21, 2017 @02:58PM (#14388613)

That's a sensible approach. Of course, then you won't be entirely equal in terms of your ownership in the company once the security converts.

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