Defence Tech Cap Tables: Dilution Traps & ESOP Reality
Defence tech founders face unique cap table pressures: government procurement timelines, security clearances, and investor impatience. ESOP dilution and liquidation preferences can cripple exit multiples. We map the safe zone.
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Amit Tyagi
Founder, AletheiaAI & GP, Fitoor Capital
Veteran of India's startup ecosystem. Writing about fundraising, investor psychology, and what it takes to build fundable startups in India.
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