News for hackers. Stuff that matters.

A comment on Hype and plunder: Domo a new low for self-indulgent IPOs. Parent comment

Re:Hype and plunder: Domo a new low for self-indulgent IPOs by wpietri on Tuesday June 05, 2018 @07:32PM (#17243118)
This is not typical at all for tech startups. If you take investment, the founder's share declines quickly:

https://www.lawtrades.com/blog/answers/usual-share-percentag...

Even a single founder can be under 50% by the end of the series A, as you not only have two rounds of investors, but you have to carve out a chunk of equity for employees (10-15%). And if you have multiple founders, which is typical, no one founder may own more than 50% past the seed round.

[ Parent | on HN ]
Re:Hype and plunder: Domo a new low for self-indulgent IPOs by mkirklions on Wednesday June 06, 2018 @09:44AM (#17247079)
Eh, you were trying really really hard.

I think you knew what I meant. Or your head is in the clouds.

[ Parent | on HN ]