4 ms·
I know too many people who’ve had their stock zeroed out through dilution, preference vs common, partial buyouts where only some founders and investors get to s
by gorgoiler 1y ago
I know too many people who’ve had their stock zeroed out through dilution, preference vs common, partial buyouts where only some founders and investors get to sell, spurious “bad leaver” status for people who work for so-called competitors, forced resignations within particular timeframes that cause stock forfeiture, and on and on and on.
It would be an interesting addition to this guid to see these scenarios collected and enumerated with some tips around how to get caught out.
- leguy 1y agoI would have loved to see such a list when I joined a startup. I'm not sure it's possible to make a comprehensive list, given all the various startup structures and agreements, but still a "top 10" list with some guidance on how to protect yourself would be valuable. Or... an SLM where you feed the model your contract and it provides a list with recommendations tailored to your situation.