| ||||||
| 5/19 |
| 2004/3/3 [Industry/Startup] UID:12504 Activity:nil |
3/3 my Executive VP told us that there is no such thing as a float
for pre-ipo company and that getting millions of dollars in funding
last round doesn't dilute our stock options since we aren't a
public company. He said there is no dilution and no float for
pre-ipo companies and that when we ipo we'll all get around
$10 a share anywayz. is this a twink or what?
\_ He's a twink. Additional rounds of financing dilutes shares. |
| 5/19 |
|