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A post like this makes me wish I could upmod more than once.

I am new to the startup world and do not really understand the finance in the 5th point. Is there an article or something that could elucidate on this as I am not one "who has been through even a single financing with a startup will know this"?

Here might be a good place to start: http://www.startupcompanylawyer.com/2009/01/01/how-do-you-se... (this is a somewhat technical piece but written by a real expert in the field and aimed at the knowledgeable executive or other non-lawyer - the discussion of the old 10 to 1 ratio between preferred and common pricing, and the new ratio used since the enactment of IRC 409A, appears toward the end of the piece).

Thanks, Imma take a look at this after work.

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