Incorporated last month and want to make the first deposit ASAP. We plan to transfer 1K a month from our personal savings for the next year (or until its no longer needed) to cover basic operating expenses, like hosting. We both still have day jobs.
so if YC takes 7% seed round takes 23% esop 10, series A takes 25% for 8M$ which is your first priced round and the safes convert, so assuming no angels or friends & family round, VCs have 45 esop 7-10% after dilution, founders splitting 45 so 22% each, so the special $20k safe for bootstrapping costs will convert at 5M cap or something so we’re talking about a balance of 20k/5M = .4% or something ... just get a credit card
