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Equity Compensation
Ecaue: What you're basically doing here is creating an amount of shares that's already set aside, that happens before our 20 % is created. You can do the math such that your valuation is higher and your option pool is higher, or your valuation could be lower and the option pool could be smaller, but ultimately your delusion is the same. And so i'm willing to give you a higher valuation because i know i'm going to be taking less delution from the option pool side of things overtime.