How to determine the proportion of seed wheel, angel wheel and A wheel in the process of starting a business, and how to operate the control right of the management team?

At the beginning of the venture, the equity ratio of the total founder of Seed Wheel was 100%. If there are multiple partners, the founder's share as the core major shareholder cannot be less than 67%, so as to absolutely control the company.

When it comes to angel wheel, it is generally diluted in the same proportion as 10%-30%, and angel investment is introduced. At this point, the management team still holds most of the shares of the company and the team has control over the company.

A round of financing can be diluted in the same proportion, or venture capital can be introduced in the form of capital increase and share expansion to ensure that the core soul figures have at least 5 1% voting rights.

In addition to the capital shareholders, the company should reserve 10%- 15% option pool for team motivation.

If the shareholding ratio of the founding team does not reach the state of absolute holding and relative holding, the company can be governed by concerted action or AB shares (the same shares have different rights) to ensure the control of the company.