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A comment on Xobni raises $4.26M to let you improve your email habits. Parent comment
It would be in their interest to take as little money as possible early on, so that they give up less of the company's equity.
Then - later when the business model has proven itself - and the valuation is higher - take on additional capital.
You'll be giving up much more equity if you take a million in funding in the first round, instead of the third.
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It would be in their interest to take as little money as possible early on, so that they give up less of the company's equity.
Then - later when the business model has proven itself - and the valuation is higher - take on additional capital.
You'll be giving up much more equity if you take a million in funding in the first round, instead of the third.