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What's the Difference Between a Seed Round and an Option Pull?
Selling 20 to 30% of the company and taking 20 to 30 % of dilution from the capital. Average we see is right around 25 percent in total for the round. Investors also say, part of raising this money, were oin to ned to hire a bunch of people into the company. And those people, we're going to compensate them with equity. We carve out an option pool for those future employees to be hired with.