Thinner Slices of an Extra-Large Pizza: Mathematical vs. Economic Dilution of Startup Equity
Posted by Antone Johnson on April 11th, 2014
Back from a hiatus, it’s time to venture forward once more. I appreciated hearing from those who asked about upcoming posts. Thanks in particular to the reader who reminded me that Part II of “Bored” of Directors Can Become Clash of Titans is still in the queue.
Let’s get right down to business: Dilution of founders’ and other early shareholders’ equity in