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If shares of your company were undersold and you lose controlling interest in the process, that is your own fault. Founders usually have a different class of st
by codexon 17y ago
If shares of your company were undersold and you lose controlling interest in the process, that is your own fault. Founders usually have a different class of stock which has more voting rights per value.
This is like an employee accepting a $10/hour contract, and then complaining later that it was too low.
- tptacek 17y agoFounders don't usually get preferred stock.