Spyne
3 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 15, 2023 by Sanjay Kumar · said 1 times in 1 episodes since 2023 · across every show →
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Mar 15, 2023
Mar 15, 2023
Accel bought out early angels to prevent founder dilution
“So there were some of the angel investors, which Axel wanted slightly more percentage in the company. So but they didn't want to dilute the primary equity of the founders like us, right? So they offered an exit to some of the earlier angel investors.”