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Why wait to find out, when there is money on the table right now? Also, sometimes they have to take a lot of money, as later-stage investors want to control a
by hermanmerman 11y ago
Why wait to find out, when there is money on the table right now?
Also, sometimes they have to take a lot of money, as later-stage investors want to control a sizable chunk of the company (in this case, 12.5%).
- danieltillett 11y agoWell I don’t think any company has to take any money, but I agree that it might not be a decision the founders have any control over (board level decision).