How dilutive is venture capital?

by francine Hardaway on January 28, 2007

Everyone’s always asking me this, and I’ve always been saying that the rule of thumb is 40-40-20, but I’ve never been able to back that up with data. Now the data has manifested. Cooley Godward published a report in 2006, and you can read it here. The should know; they do a lot of the deals.

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