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EulerLagrange.eth
EulerLagrange.eth
Posted on 8/3/2024 to /founders

What would happen if someone raised $31m on a safe with a cap of 30m?

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Jason Goldberg Ⓜ️ 💜Jason Goldberg Ⓜ️ 💜

investor gets the company, the trailer, and the dog

dawufidawufi

FAFO

christopherchristopher

shares would still be evaluated on the cap. discounted shares, non-dilutive down round, etc.

Kazi Kazi

End result? Probably founder led fraud

AkoAko

And how it would be possible? Example plz ? If possible...

Daniel 🎩 Daniel 🎩

real curious though, pleasee let me know when you find an answer