3 ms·
Yes, and likely in practice too, but in practice you would probably also run afoul of insider-trading laws.
by lainga 8y ago
Yes, and likely in practice too, but in practice you would probably also run afoul of insider-trading laws.
- CamTin 8y agoThe fiduciary thing to do if you're in this spot is simply to issue equity like it's going out of style: If the market wants to pay you way more than you're worth, take them up on it and stockpile cash for the lean years that are coming. That said, depending on the time horizon of your existing investors, this may not be popular and you may find yourself out of a job.