3 ms·
The thing is that usually pivots are pre-vesting for the founders, and usually the company has less in the bank when they initially raised. In those conditions
by pclmulqdq 3y ago
The thing is that usually pivots are pre-vesting for the founders, and usually the company has less in the bank when they initially raised. In those conditions, the entirety of the company's assets will be returned to the investors when the company dissolves.
It is a good point that it can get you a larger share of a success, though.