The Enterprise invests the startup capital - typically around $500K-$1M to build the MVP, acquire the initial quantum of users and create a growth plan to rapidly acquire market share.
The cap table typically reflects 80% ownership of the startup by the Enterprise and 20% by Pirates.
A team of Pirates builds the startup under the guidance of an entire community of Pirates startups, Venture Capitalists and domain experts. In addition, experts from the Enterprise work closely with this team to build the startup.
