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Isn't Facebook the typical example of this? Many people aren't very good with legalese and really should consult an attorney for review of contracts, but when y
by MOARDONGZPLZ 10y ago
Isn't Facebook the typical example of this? Many people aren't very good with legalese and really should consult an attorney for review of contracts, but when you're new to this and excited to get funding, you're dealing with a much more experienced party and are excited to get funding.
I would think this not only happens, but is common.
- grahamburger 10y agoI thought Facebook was kind of an example of the opposite of this? Isn't Facebook somewhat unique in that Zuck still has so much control?
- MOARDONGZPLZ 10y agoOh sorry for the confusion, I was talking about that other guy who had a lot of his equity diluted.
- kirubakaran 10y agoEduardo Saverin
- nickpsecurity 10y agoI believe you're talking about Saverin: http://mashable.com/2011/04/13/facebooks-complicated-ownership-history-explained/ http://mashable.com/2011/04/13/facebooks-complicated-ownersh...