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ytx | 2 years ago

But is there any recourse to the founders telling you one thing and then raising differently later because "circumstances have changed?"

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sb8244|2 years ago

Of course not, but there's a big difference between persistent bad raises and a single one.

Bad terms are raised due to bad founders (not knowing better) but more likely bad company health. (That can include trying to raise 50M series A as we saw in past 2 years.)

A healthy company with good founders (or lawyers) should be able to avoid issues.