Dilution - Fund raising guide for entrepreneurs

Everyone generally agrees that dilution should be avoided. VCs insist on pro-rata rights to avoid the dreaded “D” word. Executives often complain, ... (2018)

I remember one of the first things I had to do in the start-up world, years ago, was help prepare the table of 5% Stockholders and Named Executive (2012)

Angelcalc models the conversion of safes and/or convertible notes during an equity financing. It uses techniques similar to those used by Microsoft... (2017)

YCombinator, June 2017: "Pascal Levensohn and Andrew Krowne recently published an article: “Why Safe Notes are not safe for entrepreneurs.” The aut... (2017)

YC Partner Kirsty Nathoo gives the lowdown on several different ways to capitalize your company and how those impact founder equity and cap tables ... (2018)

I was talking to a friend this past week who is looking at an early stage company and trying to figure out how to value it. (2019)

Seed investors and the company's founders saw their stakes in DoorDash diluted as SoftBank flooded the company with money and as Sequoia held firm. (2020)