4 ms·
what (if anything) stop the founders from just giving themselves more shares? they only have the same incentive to not dilute if they are getting the same pena
by jmionwnil 6y ago
what (if anything) stop the founders from just giving themselves more shares?
they only have the same incentive to not dilute if they are getting the same penalty for diluting, right?
I am not an expert in any of this but it seems they could just agree to issue a ton of shares to all the investors / founders but not to employees in a way where everyone except the employees benefit.