I heard from other founders that VCs like seeing the main founder with >50% equity.
If some angel money has already been raised on convertible notes, does that calculation hold true for what the founder has after converting those notes or are they referring to the initial set up of the company?
I heard from other founders that VCs like seeing the main founder with >50% equity.
If some angel money has already been raised on convertible notes, does that calculation hold true for what the founder has after converting those notes or are they referring to the initial set up of the company?
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