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DeepNewz, mobile.
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Greedy investors taking a large portion of a startup's cap table can make the company uninvestable, as seen in the case of a Norwegian startup founder. The investor base owning more than the founders can raise red flags, making it difficult for startups to attract further investment.
I spoke with a Norwegian startup founder who was running an extremely promising business, but where greedy investors had taken 66% of the cap table (for only $3 million raised). That made his startup pretty much uninvestable. Why and what can be done: https://t.co/kFe2ZGozSc
“This cap table has one giant red flag: The investor base owns twice as much as the three founders combined do" https://t.co/Y5gPV9NwYc
When your cap table makes your startup uninvestable: https://t.co/74yEempWlO by TechCrunch #infosec #cybersecurity #technology #news
