Go find a startup right now that is on the Series A-F pathway
Each new investment incurs ownership dilution. Based on what? Did the employees vote for this? Never
PE broadly and dictatorially controls the flow of capital as a class - they also mostly collude for deals - so early employees have zero say about these dilution actions
If the only solution is to not play (eg “well then go somewhere else/start your own”) then the structure is fundamentally flawed and needs to go away
Dilution happens when the majority of share holders agree to a issue more equity. Again, this is a fully agreed to and is part of the standard rights of share holders. Early employee are given documents that explain this and sign. Can you explain this is illegal taking of property?
AndrewKemendo|1 year ago
Go find a startup right now that is on the Series A-F pathway
Each new investment incurs ownership dilution. Based on what? Did the employees vote for this? Never
PE broadly and dictatorially controls the flow of capital as a class - they also mostly collude for deals - so early employees have zero say about these dilution actions
If the only solution is to not play (eg “well then go somewhere else/start your own”) then the structure is fundamentally flawed and needs to go away
Veelox|1 year ago
halfcat|1 year ago
What’s a structure that improves upon this flawed structure?