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thefamilyman

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thefamilyman

Re: Doctor_Hari_Seldon post# 6321

Saturday, 09/24/2016 3:26:42 PM

Saturday, September 24, 2016 3:26:42 PM

Post# of 6599
So the negative is that they get to dilute yet AGAIN on their "friends and family" plan. That plan includes lots of options with low exercise prices and long expiration dates. As I recall, that last financing, on a fully diluted basis, lowered my ownership percentage in the company by ~85%. If it sounds like I'm pissed, it's because I am.

The 2 years is a positive and negative. - Doctor Hari Seldon

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

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