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"It means you don't get a board seat, and you probably get common, non-voting stock." Most likely this is what it meant. Although it might not be as bad as it
by RuchitGarg 15y ago
"It means you don't get a board seat, and you probably get common, non-voting stock." Most likely this is what it meant.
Although it might not be as bad as it sounds like in your explanation. I dont think anti-dilution clause is common, but I may be wrong
- RuchitGarg 15y agoand just to support my assumption here is thread on quora on anti-dilution http://www.quora.com/How-common-are-anti-dilution-clauses-for-founders-and-key-executives http://www.quora.com/How-common-are-anti-dilution-clauses-fo...?