3 ms·
The SAFE looks great. But one question is, shouldn't SAFE holders have the right to veto a dividend? While this would be sociopathic behavior, what would stop
by rhc2104 13y ago
The SAFE looks great. But one question is, shouldn't SAFE holders have the right to veto a dividend?
While this would be sociopathic behavior, what would stop this from happening?
1) Start company
2) Raise 1 million dollars on SAFEs
3) Distribute 1 million dollar dividend
4) Dissolve company