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Round: Some people are purchasing shares of your company. Given cute names to indicate how many "rounds" you've done: Seed, Series A, Series B, Series C, Series D, Series E, etc

Vesting: When you actually get the shares (instead of just being promised you'll receive them)

Dilution: When the pool of shares expands without the existing shareholders receiving a commensurate proportion of the new shares (used to transfer value from existing shareholders to new). Usually occurs after each Round completes.



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