Re:Startup options are better than they look (2017)
by loeg on Saturday October 05, 2019 @10:04PM
(#21169359)
The point is that dilution works by creating new shares out of thin air -- the total number of shares increases. Meanwhile, the total percent remains 100%, for obvious reasons.
[ Parent
| on HN ]
Re:Startup options are better than they look (2017)
by luckylion on Sunday October 06, 2019 @02:02AM
(#21170114)
Sure, but that doesn't change whether you're giving out a number of shares or a percentage, because both are the same, just expressed differently. There's no common theme where somebody says "here are 0.1% of the company" and implies anti-dilution. It's just easier to talk about percentages than shares, because it's easier to calculate if you know the total valuation. You'll dilute in both cases.