So your point is that a good investor should agree to a buyout offer but the bad investor doesn't? In other words, the original warrant holders (the accelerato

So your point is that a good investor should agree to a buyout offer but the bad investor doesn't? In other words, the original warrant holders (the accelerator) would have happily agreed to the founders buyout offer funded by the bank's grant? Why would they do that, if the whole point of an accelerator is to accumulate shares in the startups?