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Personal Transparency
(
leostartsup.com
)
9 points
by
ameister14
on Dec 23, 2014
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3 comments
extremeorangey
on Dec 24, 2014
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Because taking $1 million from the cash reserves of a funding round for private consumption always looks like a healthy move for company directors. Doesn't trigger any warning bells...
kristianp
on Dec 24, 2014
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$1M each for two founders is a big slice of a $3.5M funding round. That kind of percentage taken out seems to defeat the purpose of raising money.
slarson1
on Dec 23, 2014
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This is like writing about why I ate a banana today.
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