Limiting angel investors’ upside
Miten Sampat
602

It’s the a function of founders in India adding too many people onto the cap table too early without really thinking about downstream scenarios (or perhaps even caring). Karma has a way of dropping by when most needed 😉

Frankly I’m happy to sell 20–50% of my holding if the opportunity presents itself but as you pointed out, founders shouldn’t push it as they do often do.

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