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Re:Silicon Valley's best kept secret: Founder liquidity by joeblubaugh on Wednesday June 12, 2024 @02:41AM (#40655268)
After the Series B for my last company the three founders owned something like 45% of the outstanding shares, and when they sold took out something like 40% of the price. What were the rounds like that led to less than 10% after 3ish rounds?
Re:Silicon Valley's best kept secret: Founder liquidity by sokoloff on Wednesday June 12, 2024 @03:47AM (#40655604)
I read GP as very few founders individually have double-digit ownership, not collectively.
Re:Silicon Valley's best kept secret: Founder liquidity by sunk1st on Wednesday June 12, 2024 @08:03AM (#40657102)
45 divided by three is 15 is double digit.
Re:Silicon Valley's best kept secret: Founder liquidity by kelnos on Thursday June 13, 2024 @07:09AM (#40668122)
Yes, but a single example of this doesn't make it common.