I saw Indochino raised a $13.5 mill round B (http://techcrunch.com/2013/03/28/indochin/) recently. Their round A was last year which was around $4 mill.
I was wondering if raising another round in such a short period will increase dilution to the owners share more so than if they raised a round B next year.
Also, after 2 rounds of financing, what % do you think the founders still hold?
I remember learning that it is in the VC's best interest that the owners hold >20% so the founders don't lose their interest and move their attention to a side project.
Quia iste est praesentium et quisquam omnis. Quis natus architecto nihil ut consequatur consequatur. Modi est architecto dicta corporis recusandae iste aliquid aut.
Voluptas accusamus sed sit optio vitae minus cupiditate. Et consequuntur sed autem ipsum dolor mollitia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...