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Determining the stage of the company

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Imagine you are the founder of a music tech startup, and your family could contribute with cash at an early stage of the company. Would you rather give an equity stake to your family or structure it as a debt deal (e.g., loan)? Why?

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Determining the stage of the company : Imagine you are the founder of a music tech startup, and your family could contribute with cash at an early stage of the company.
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