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> At some point after I left, during one of the financing rounds, it became a corporation. The corporation was sold. At what happened to your shares at that po
by jpdoctor 15y ago
> At some point after I left, during one of the financing rounds, it became a corporation. The corporation was sold.
At what happened to your shares at that point?
If I'm reading between the lines of your lawyer, your shares were wiped out at the time of sale? I've heard of this happening often (dilution of the common happens frequently before an IPO, for example. You can see it in the S-1s.)
- davidw 15y agoSounds like they haven't really communicated anything to him about what happened after he left, which means that that would be the place where HN leaves off and a lawyer takes over.
- saalweachter 15y agoAs someone who is not a lawyer, I feel like investigating what happened to that original company is the best angle to work. Your legal rights stem from the LLC; whatever you are entitled to will depend on the exact fate of that company.