Concept of the day: a homeopathic cap table. It’s a cap table after a large number of funding rounds, often - down rounds, when the founder’s share becomes diluted over and over again to become miniscule. Hence the term “homeopathic”. And yes, it won’t work for the founder, either.
Airline Loyalty and Societal Numbness
Airline Loyalty and Societal Numbness
Airline Loyalty and Societal Numbness
Concept of the day: a homeopathic cap table. It’s a cap table after a large number of funding rounds, often - down rounds, when the founder’s share becomes diluted over and over again to become miniscule. Hence the term “homeopathic”. And yes, it won’t work for the founder, either.