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The founders could put up their stock as a guarantee against it. (edit) That's risky an self-limiting, on second thought. The investors would never agree to th
by aristus 17y ago
The founders could put up their stock as a guarantee against it.
(edit) That's risky an self-limiting, on second thought. The investors would never agree to the same, and it would not apply in the case of a sale of the company.
- randallsquared 17y agoInvestors might agree to it, if it was plausible that it increased the value of the shares. And such a lien is common on other kinds of property, so I don't know that there's anything different about this in principle. I kinda like the idea.