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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (113502)5/31/2000 4:05:00 AM
From: Amy J  Read Replies (1) of 1574539
 
RE: "Raza Foundries will function as an incubator.... Assistance from the firm, however, is not cheap. On average, Raza Foundries has obtained 40 percent of the equity in start-ups"

I hope this is an editorial error. If it isn't, that's sad. For entrepreneurs who don't know any better, or who don't have mentors, they may not know that no one gives away 40% of their company in the early stages. I can't think of a single example of any startup that gives away 40% at an early stage, which is many rounds/dilutions prior to an IPO.

Maybe this is an editorial error?

Amy J
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