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Say you work at a small company, 15-20 employees. Your boos tells you he will never sell, but you and your 14-19 colleaques want that on paper. Is this possibl
by lionkor 5y ago
Say you work at a small company, 15-20 employees. Your boos tells you he will never sell, but you and your 14-19 colleaques want that on paper.
Is this possible? How would you go about this? I'm currently in a situation where I'd love to know if "surprise sale" can be avoided.
- movedx 5y ago"I'm not selling, I'm just moving ownership into this here trust." <20 minutes later> "I'm not selling the company, the trust is. I said *I* would never sell, but the other trustees are selling it, not me. I can't prevent this" <20 minutes later> "OK everyone listen, good luck, I've got my $5B so yeah, lol? Laters!"
- zild3d 5y ago> How would you go about this? Realize that "they would never sell" means they don't plan to sell, but there is a number that would change that decision. So ask what that number is. 100M? 1B? 10B?
- HatchedLake721 5y agoI don't think it's possible, but why does it matter? You either join with lower salary + equity, or higher salary and no equity. (and equity is always a lottery ticket) You shouldn't trust anyone saying "they would never", especially in business. Situations change, people change their mind, opportunities change, lives change, regulations change and so on.