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I agree but then circumstances to defend against are pretty limited. Effectively a situation where a founder with control issues new shares at an arbitrarily lo

I agree but then circumstances to defend against are pretty limited. Effectively a situation where a founder with control issues new shares at an arbitrarily low price to a new set of individuals. There has to be a more elegant tool to defend against that kind of event.

thoughtstheseus 5y ago
Not really. Simple basic company structures are preferred when possible. Hot stocks get funding regardless.