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The answer is to create more stock that they can use for options. This is unfavorable because it means Pincus would need to sacrifice by diluting his own shares
by biot 15y ago
The answer is to create more stock that they can use for options. This is unfavorable because it means Pincus would need to sacrifice by diluting his own shares. So instead he forces others to sacrifice by diluting theirs or be fired.
- grandalf 15y agoWould this leave him in an equivalent position with respect to future fundraising, control, etc?