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I highly recommend reading Venture Deals by Brad Feld - this book alone lays out perfectly how minuscule are your chances of getting rich, working for a startup
by altmind 7y ago
I highly recommend reading Venture Deals by Brad Feld - this book alone lays out perfectly how minuscule are your chances of getting rich, working for a startup.
The areas to lose money are: liquidation preferences, insuficient voting rights, dilution, different stock classes, general benefits to investor's equity compared to staff equity, investor drag-along, 409A valuation, options expiration or company staying private forever.
- Balgair 7y agohttps://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitalist/dp/1119594820 https://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitali... Book is here