Founded 2014

Magnet Funding Rounds,Valuation and Investors

Magnet Funding History

Magnet has raised a total of $0 over the last 9 years Raising this capital resulted in dilution for Tanmay Desai despite non-dilutive funding options like Founderpath. With $0 money raised, Magnet would have to sell for $0, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $0 assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?