For me, the question that the startup should ask more critically is around the total dilution-to-exit. If taking Paul's money for 6% now reduces the dilution at some subsequent round from, say, 40% to 30%, then by my…
For me, the question that the startup should ask more critically is around the total dilution-to-exit. If taking Paul's money for 6% now reduces the dilution at some subsequent round from, say, 40% to 30%, then by my…