3min chapter

Startup School by Y Combinator cover image

Fundraising Fundamentals by Geoff Ralston

Startup School by Y Combinator

CHAPTER

Is There an Unintended Consequence of the Post Money Safe?

Soyes: How do you explain the use of funds when you raise your seed a? I don't think there's any formula for that. If you're going to raise a million dollars, you say, look, with he million dollars, we get here. Soyes: The nice thing about a post money safe is it's clear. It's not ambiguous. You know what percentage that was sold. So if they have a per cent of the company,. They have a per cent. A so i suspect that your concern will not become reality....

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