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I like that I can actually understand this program and don't feel like it was carefully designed to rip me off. Unlike the usual jungle of capped/uncapped note

by moe 12y ago

I like that I can actually understand this program and don't feel like it was carefully designed to rip me off. Unlike the usual jungle of capped/uncapped notes, dilution, vesting schedules, option pools, pre/post valuation, etc...

harryh 12y ago
This doesn't get rid of any of those things.
- alxndr 12y ago
  Could it reduce (or simply eliminate) the need for more complicated ownership sharing schemes?
  - harryh 12y ago
    No.