1. The founders were considering a second offer from another investor (lets call them Investor #2) where the founders could have raised the same amount ($210,000) for 22% of the company. Relationally, the founders like and get along with both investors and think each will be a valuable asset to the company. They decided to reject the offer from Investor #2 and took the offer as outlined in the previous question. Why did they decline the offer from Investor #2? Full credit given with quantitative analysis.

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