3 ms·
1. If the company is bootstrapped the founders can have preferred stocks with whatever clauses they want on it 2. Most (all?) companies will not show you their
by __turbobrew__ 2y ago
1. If the company is bootstrapped the founders can have preferred stocks with whatever clauses they want on it
2. Most (all?) companies will not show you their cap tables so it basically boils down to “trust me bro”
- lotsofpulp 2y agoThe logical conclusion to #2 is valuing the equity compensation at zero, and foregoing it and asking for extra cash.