3 ms·
I don't find this distinction very useful, and I disagree that it's harder to get screwed over. It's in fact, just as easy.. we're only talking about degree. I
by famousactress 14y ago
I don't find this distinction very useful, and I disagree that it's harder to get screwed over. It's in fact, just as easy.. we're only talking about degree. I think your argument is that instead of your shares being worth zero, they can only be diluted to any positive real number... which brings me little comfort.
- btilly 14y agoThere is a distinction. With dilution the founders, who are more likely than you to have a say in what happens, are also likely to suffer that dilution. However in the incident that happened the founder didn't lose a dime.
- danielweber 14y agoCan't the founder be issued a bunch of new shares as part of the dilution? (I mean in theory, not in this specific case.)
- btilly 14y agoIn theory, yes. However in practice you generally need signoff from other investors, who are unlikely to be supportive.