3 ms·
Yes. Once someone is on your cap table it's very very hard to get them off. If it's someone who isn't reliable, doesn't align with you philosophically, or is u
by prlambert 12y ago
Yes.
Once someone is on your cap table it's very very hard to get them off. If it's someone who isn't reliable, doesn't align with you philosophically, or is unethical.... There's a world of hurt waiting. You spend the money once, you deal with the consequences for the life of the company. Little things include having to chase down signatures years after they've "checked out" so you can run your business. Bigger things include blocking an exit for petty reasons, or scaring away future, higher quality, investors, because good investors don't want to be in deals with bad ones.