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You could say that if the CEO doesn't improve the offer, you're going to write directly to the board / new investors. I'm not saying you should do this. Nor am
by thruflo22 9y ago
You could say that if the CEO doesn't improve the offer, you're going to write directly to the board / new investors.
I'm not saying you should do this. Nor am I suggesting it's a good tactic. But it may provide leverage if you need some.
- tommynicholas 9y agoNo reason to do this - you have the shares and the CEO wants to buy you out. Remember - the CEO wants to buy you out for a reason, and I guarantee you the investors want you bought out. Don't underestimate how much leverage "them wanting you bought out" is. It may even be a stipulation of the funding round.
- thruflo22 9y agoDo the investors even know about the conversation? People paying good money for shares will jump at the chance to buy them cheaper. A CEO closing an investment round may have very different incentives, like not frightening the horses. [edit, clarity]
- greglindahl 9y agoIt would be a bad sign if the investors weren't asking who the ex-employee with 5% of the cap table was!
- stale2002 9y agoSure, but the investors would probably want to buy you out ALSO. Equity is a market. The CEO is offering a price. Maybe the investors are willing to offer a higher price.