A million investment doesn't sound regular. Basically if you raise a mill for 33...

A million investment doesn't sound regular. Basically if you raise a mill for 33% you value yourself at $2m. That is without PMF or revenue!

This seems like pulling a fast one on VCs if you then pivot to bootstrapping a nice family business. That ain't why they threw $1m at your PowerPoint.

In "dragons den" style traditional business they'd offer you $50k for 50% at that stage. Maybe.