3 ms·
Indeed, usually by the time a contractual agreement is relevant the CEO will purge most founding staff, employees often lack funds necessary to properly execut
by Joel_Mckay 2y ago
Indeed, usually by the time a contractual agreement is relevant the CEO will purge most founding staff, employees often lack funds necessary to properly execute the shares clause, and or the board simply transfers the Assets for $10 to an adjacent entity fudging everyone.
This is why sweat-equity deals are a huge red-flag for terrible arrangements. Mostly these schemes target fresh grads, and the credulous. =3
https://www.youtube.com/watch?v=3UmyPZt_9kw https://www.youtube.com/watch?v=3UmyPZt_9kw