Equity Vs. Tokens | Fully Diluted
"Fully Diluted" means one thing for equity and another for tokens. Here is what each version actually includes....

"Fully Diluted" means one thing for equity and another for tokens. Here is what each version actually includes....
Valuation in a crypto deal means nothing until you know the instrument. SAFE, SAFT, and token warrants each price something different....
In a VC deal, negotiation only matters if it's about economics or control. Every post on this blog is about one of the two....
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