Dilution: Startup Finance for First-Time Founders

Dilution: Startup Finance for First-Time Founders is a two-person walkthrough of the financial decisions that quietly reshape your ownership. One real term sheet line at a time—SAFEs, option pools, board seats, liquidation preferences—the hosts work through actual numbers out loud until it stops feeling abstract. They trace how percentages move, who gains influence, and what different outcomes pay, using simple arithmetic and clear explanations. It’s practical, unhurried talk for builders who want to see cause and effect: what a SAFE does to your slice, how an option pool expansion redistributes it, what a board seat means at the table, and how liquidation preferences stack the returns. You built the thing; now learn what happens when you sign away pieces of it.