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This process may include the provision of various scenarios on revenues and costs as the investors validate forecasts initially presented. A capitalizationtable showing the post-investment ownership structure of the business to include founders, option pool and investors in the current round. Professional fees and costs.
They never worked with startups who needed to put together private placement memos for investors, capitalizationtables and all of those things. Bigger than that was we had an operating agreement that had a non dilution clause for him and I don’t want to get into the weeds of that. Caroline: Yes. You need to make money.
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