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Would vesting help? Instead of dissolving you just... wait. Pretend to build.
by bananaface 6y ago
Would vesting help? Instead of dissolving you just... wait. Pretend to build.
- geoburke 6y agoGood way to get oneself kicked out of the pool before fully vesting.
- bananaface 6y agoHow do you legally kick them out?
- geoburke 6y agoAs the first pool forms we'll collect the members' desired requirements for vesting rules, and write those into the legal docs.
- csentropy 6y agoBecause of the condition for participation in the pool is that your stock should continue to vest, for the membership shares in the pool to continue to vest.
- bananaface 6y agoWait so your startup has to continue to grow in order for you to be able to claim profits from the pool? Doesn't that defeat the purpose?