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stavros
on June 30, 2011
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Warning To All Entrepreneurs About Bad Investor Be...
That's the exact thing I wanted to ask. 2% for 100k is a 5M valuation, that's pretty good for most early-stage startups. Why would this vest over time? It sounds like a clear-cut "quid pro quo" to me...
adw
on June 30, 2011
[–]
Not 1%-2% outright; 1%-2% extra over the equity bought.
stavros
on June 30, 2011
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Oh, now it makes sense, thank you.
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