Following what Sergei just said, his website idea and its technology are worth fifty thousand US dollars.
If someone were to invest fifty thousand US dollars in it, he would be willing to give away fifty percent of the shares.
However, Wang Ye is considering investing one million US dollars in it now, which naturally requires a readjustment of the proportions in shareholding.
One million US dollars might seem insignificant to Wang Ye.
But, investing is a business, not a charity, so Wang Ye would treat it seriously.
Sergei hesitated a little. He definitely needed the venture capital and was willing to give up stock, but the problem was that the investment was a little bit beyond his imagination. How many shares should he give up to make it fair?
Following his previous statement, he would need to give up ninety-five percent.
But if he were to do so, as the "founder," he would only hold five percent of the shares.
This is only the first round of financing!
