>Very hot and high growth companies (Facebook, famously) have been able to sell off single digit percentages of the company with incredibly high valuation increases between rounds.
well, one can see how selling only single digits (at sufficient valuations to fund the company's progress) may in turn have potential to make the company very successful - by preserving founder(s)'s control and thus allowing the founder(s) to drive the company further. Basically taking control out of founders' hands VC risk ending up with bigger share of less successful company.
well, one can see how selling only single digits (at sufficient valuations to fund the company's progress) may in turn have potential to make the company very successful - by preserving founder(s)'s control and thus allowing the founder(s) to drive the company further. Basically taking control out of founders' hands VC risk ending up with bigger share of less successful company.