Understanding Valuation Caps
With convertible notes as a common way for startups to raise capital, investors should understand valuation caps, a mechanism designed to help early investors by setting…
Bill Clark
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With convertible notes as a common way for startups to raise capital, investors should understand valuation caps, a mechanism designed to help early investors by setting…
The reason why an increased valuation doesn’t necessarily lead to an increased price per share? Equity dilution.
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