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Re:Terms of Yuri Milner/SV Angel’s $150K investment into YC ... by clare on Tuesday February 01, 2011 @04:44AM (#2165029)
According to the article: Optional change of control/IPO conversion: into common stock at the lesser of (A) fair market value (based on change of control or IPO), or (B) $5M valuation. I have to agree with Yokum, it is hard to find a better deal than this.

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