Cambridge Cluster

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Fred Wilson has a post on option pools and pre and post valuations.  I remember when we raised funds all those years ago and the VC changed the valuation just before completion of the deal.  So important to get your thoughts clear on all this and so very important to include an option pool.  Microsoft never needed to raise any VC funding except for due diligence before flotation but where would they be without offering all those people the chance to “vest”.  That is what keeps a team working together and what makes a Cambridge Cluster and Silicon Valley business so different from 99.99% where only the couple of founders win.

That is why you need a business plan resource.