I'm happy they were able to move their stock, but yeah. Something got signed with these terms in it. So you need to account for the possibility or have it reneg

I'm happy they were able to move their stock, but yeah. Something got signed with these terms in it. So you need to account for the possibility or have it renegotiated. This sounds like the business equivalent of college advisors. They had an advisor who was probably well meaning but couldn't fully accommodate the young company because of ignorance/inability/whatever and now they're deep in a decision they never would have made. $5-10k in a decent retainer would likely have prevented this.