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Your last sentence is key. I think it was a way of financing enterprises some centuries ago. Why is it no longer accepted?
by Shorel 6y ago
Your last sentence is key. I think it was a way of financing enterprises some centuries ago. Why is it no longer accepted?
- rexreed 6y agoYes it's a curiosity. I mean it makes sense. Let's say your salary would be $120k plus $30k in stock. Rather than giving you stock as options, you could just be given that stock as equivalent value (subject to a vesting schedule) and on the same terms of the Seed Round. No money out of pocket... am I missing something?