Why is Jason Lemkin’s cap $29m pre-money?

Maths:

This means with a $3.Xm check in a Not Too Big Round I can achieve my minimum target ownership of 10%.

It’s a bit of a small fudge from a $30m post money cap to achieve that math more precisely.

View original question on quora

Published on July 1, 2016

Pin It on Pinterest

Share This