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How to deal with failing startups + Team Wildfire CEO Steve Wolf on "Hurricane-as-a-Service" | E1563
This Week in Startups
Is the Cap Tables Screwed? Antt Sa, Ok?
Fascinating story of two founders who burn through five million dollars to keep their company alive. They meet with 50 investors, but no one wants to invest in them. One angel says he'll buy 20 percent for the same amount they put in. The play is the new shares you get at this lower price and if you don't, you get penalized.
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