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Founders, Can You Get Five Points Over Five Years?
A lot of founders concern themselves with, well, i'm only going to own three per cent of the company now? O k, fine, then go back to your board, get more options. If you absolutely think this company's going to be worth a billion dollars, wher, do you give a shit? Yeh, three per cents, pretty good. And we have this issue of re upping a founder any time they get below ten per cent,. Why not five points, five years? We've just solved the problem for ourselves. It's risk management for the v c side. So founders, don't worry about that delution. If you can always re up....