3 ms·
A Fatal Paper Cut - Too many shareholders and bad shareholders agreement
- immad 20y agoStory is not that interesting but the advice is.
- pg 20y agoThis is a real problem. When a partner from WSGR came to speak at YC, I asked her what was the single worst mistake made by inexperienced founders, and she said it was being sloppy with stock.
- hwork 20y agoThe one thing this article screamed to me but isn't outright said is maybe you shouldn't be handing out the shares so liberally in the first place? I was wondering what others thought about this. Of course I say this as my ETS (Estimate Time to Startup) is a few months away....