Q: In modeling out an early-stage deal, do you think it would be reasonable to start with a 20% option pool  (Round A) and then plan to refresh that on subsequent rounds (ie, make an assumption about having key hires in place by round C or B)?  Or should we just allow that option pool […]

Rick Segal has today’s VC Post of the Day with his excellent post A Fatal Paper Cut.  Rick tells the story of the death of a promising young startup as a result of a messy early capital structure that wasn’t managed correctly from the beginning.  In due diligence, the VC chickened out and the company […]

Today’s Great VC post of the day is a long, detailed example of How Equity Dilution Works by Ken Gaebler.