I don't see why you would waive your voting rights. It's not even necessarily a good thing for your co-founders, as they get diluted as compared to future inve

I don't see why you would waive your voting rights. It's not even necessarily a good thing for your co-founders, as they get diluted as compared to future investors (i.e. they might WANT your vote later). Investors care about deadweight on the cap table from an economic perspective, much more than from a voting perspective. This does nothing to help that. Yes, future investors will want you to sign a drag-along with respect to a future M&A transaction, but that might be perfectly fine. Maybe you can offer some form of agreement to a weak drag-along? Is the company a Delaware corp? If so, maybe suggest the company agree to exchange your common stock for something like Series FF Preferred (or sometimes called Founder Preferred). If an investor may be willing to buy you out in a future round, this would be the best way for you and the company.