Two friends Srikanth and Tejas start a company with equal ownership. They start with equal ownership.

| August 14, 2017

Two friends Srikanth and Tejas start a company with equal ownership. They start with equal ownership. They get selected by Times Incubator and raise Rs. 10L for a 10% dilution, with a 2x liquidation preference. On top of that, they are required to create a new ESOPs pool of additional 10%, just prior to T-Labs investment coming in. During the incubation stage, they build their product and then raise a Seed Investment from SAIF Capital for $0.5M at a pre-money valuation of $2M. SAIF has a 1.5x pa …

Order your essay today and save 30% with the discount code: ESSAYHELPOrder Now