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imbenclifford
searching PlanetScale…
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by
imbenclifford
10y ago
Thanks for the feedback - noted. In the meantime, can you send me an email (ben@founderspledge.com) and I'll email you the document as a pdf?
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imbenclifford
10y ago
That's right - every founder involved has signed a legally binding contract. Ben, FP.
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by
imbenclifford
10y ago
Once you click "I'm ready to make this official" in the signing flow, you'll see the full legal document pre-filled with your information before you sign anything. The consideration is access to our post-deployment resou
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by
imbenclifford
10y ago
I feel like this is equivalent to saying that if a founder decides she will buy a house if she exits, that she is denying employees of equity. Have I missed the point?
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imbenclifford
10y ago
Ben from FP here. To be clear, founders aren't giving away equity - they are pledging a percentage of what they personally receive on exit. This doesn't reduce the equity that is available for other shareholders.