In a seed round, is it poor form to accept a lower cap from later investors?
There are a [very] few companies, mostly on the West Coast, that have done convertible rounds with differing caps, but it’s unusual, hard to do, and not something that will endear you to the less-fortunate investors. If you find yourself in a situation where (a) you absolutely need/want the $4 m investor, and (b) those […]
David S. Rose
, Founder and CEO
, GUST INC.
14 Aug 2014