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That would all be spelled out in whatever contracts came along with the influx of VC capital, wouldn't it? The whole point of a contract is to get down in writ
by dedward 16y ago
That would all be spelled out in whatever contracts came along with the influx of VC capital, wouldn't it?
The whole point of a contract is to get down in writing the agreement between parties as to how things will be handled.
If you expect,as the founder, to be able to take profits a certain way at a certain time... put it in writing. It won't happen magically.