We get diluted. Every investor gets diluted. They may have the right to buy more...

pg on Dec 13, 2013 | parent | context | favorite | on: Paul Graham Shares Number of Y Combinator Companie...

We get diluted. Every investor gets diluted. They may have the right to buy more stock in later rounds to maintain their percentage, but they do have to buy it, at the price of that round.

epa on Dec 15, 2013 [–]

Interesting