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You don’t need two classes of shares for this you are over complicating things
by vmception 5y ago
You don’t need two classes of shares for this you are over complicating things
- Scoundreller 5y agoYeah, could just do the share issuance in 2 stages: the first at $0.000001 then later at >$1 to raise useful capital. But multiple share classes often exist anyway for various reasons (different preferences upon liquidation, different voting polices, different retraction policies, different dividend policies, etc)
- vmception 5y agoYes I believe Bain Capital used separate share classes to pump their employees 401ks That level of collaboration and financial engineering should be encouraged