3 ms·
Don't be "silly": that is just the standard bullshit argument. It is a poor argument because it is entirely possible to come up with terms that could be writt
by robocat 3y ago
Don't be "silly": that is just the standard bullshit argument.
It is a poor argument because it is entirely possible to come up with terms that could be written into the contracts to prevent that obvious scenario.
I wouldn't be surprised if tag-along or preferential rights or other clauses don't already prevent that scenario. Anybody know?
Founders often invest $100000's of their time - yet they are not given equivalent value in preferential shares.
The game is rigged!