You are correct, but that information is relatively difficult to collect without spending a huge amount of time analyzing SEC filings. But even without doing that amount of diligence there’s not much reason to suspect the numbers would change.
- Look at all the companies that raised $0. In those cases, the founders took everything, less any employee options. Jon Oringer from Shutterstock is a self-made billionaire. I’m not sure many of his more heavily capitalized counterparts can say the same!
- Generally speaking less money raised correlates with more founder ownership. You typically don’t sell 50% of your company in an A round, nor do you keep 50% of your company after raising hundreds of millions unless your growth trajectory is historically impressive—e.g. Facebook, Airbnb, etc.