Convertible? Equity? What kind of coin should you use to scratch off a lottery ticket?
This is going to be BIG.
SEPTEMBER 1, 2010
Seed investors trip over themselves to get a look at the latest YCombinator deals and the entreprenuers in the hottest companies are in the drivers seat on terms. Unfortunately, that’s really not the case for most startups. They may have unlimited tolerance for pricing, but you don’t have unlimited resources as a startup.
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