ProfessorVC: Touched by an Angel
Professor VC
JANUARY 17, 2008
He then went on to say that this type of financing was good for the entrepreneur (vs taking VC money) because they got to keep more of the company. At a $1 million, pre-money, with an investment of $500K, that would leave 67% of the company for the founders and initial option pool. Labels: angel groups , valuation. Help, please.
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