npub1xed99rf8rwyf22ery4rrutnzjcrqy6ha6yh3cykjh247xd2lkjss9eyg9w (npub1xed…yg9w)
As long as founders retain more than half the equity, why does it matter if an opensource project takes VC money?
I'm currently raising money to build an opensource framework (with a monetization product built on top obviously), but that's so I can hire engineers full time and move faster. In exchange, VC gets a 20% stake. That seems like a fair value?
laurent baumann /
npub1u4…wsg5p
2023-08-28 16:27:12
in reply to nevent1q…zxmc
Author Public Key
npub1u46ez5kc9ndj9mttmwc65ta4wgm94swjuguqh6zr8lnurdud87rsswsg5pPublished at
2023-08-28 16:27:12Event JSON
{
"id": "ff8f4b77d717cf14ade428563afb36338eb6567d13d24a7422f6448606330f6a",
"pubkey": "e5759152d82cdb22ed6bdbb1aa2fb572365ac1d2e2380be8433fe7c1b78d3f87",
"created_at": 1693240032,
"kind": 1,
"tags": [
[
"p",
"365a528d271b88952b2325463e2e629606026afdd12f1c12d2baabe3355fb4a1",
"wss://relay.mostr.pub"
],
[
"p",
"51b66b5d468ae19d4dee4ffe19ec520a829c415d50ed105666ba730310f6475b",
"wss://relay.mostr.pub"
],
[
"e",
"710caf91eb7552666e48d0e82ce110d4c09000d4d873bbd625bf8f85d5ad67f6",
"wss://relay.mostr.pub",
"reply"
],
[
"proxy",
"https://noodle.social/users/lobau/statuses/110968178757982761",
"activitypub"
]
],
"content": "nostr:npub1xed99rf8rwyf22ery4rrutnzjcrqy6ha6yh3cykjh247xd2lkjss9eyg9w\nAs long as founders retain more than half the equity, why does it matter if an opensource project takes VC money?\n\nI'm currently raising money to build an opensource framework (with a monetization product built on top obviously), but that's so I can hire engineers full time and move faster. In exchange, VC gets a 20% stake. That seems like a fair value?",
"sig": "caaabf9cca051d3cf7daa105c3057a77051295f2484863b80de92892574bc9eb5d4612d8f4d4b08e5a8a94e567323ecc98afe57b382d81371733894c402df44f"
}