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Ask HN: Is it usual for first investors share to dilute down upon next rounds
When an early (seed) investor puts $100k for 15% of the company; in future rounds of fund raising, should that early investor's shares dilute down?
First I would like to know when an early investor puts $100 for 15% of the company, in future rounds of fund raising, would that early investor's shares dilute down?
Second how much of shares should the founders expect to be left with after 2 rounds of fund raising?