[drumdance]

No, it would've hit everyone. That 1% would be dilutive to all shareholders unless he specifically carved it out of his share.

[indiekid]

That's actually not true. The way this is structured, it's the founder's stock that they're actually giving up. They're diluting themselves.

[_delirium]

Since they're asking early-stage startups to donate 1%, I assume they're going to get the approval of all the shareholders. In that case, it's equivalent to each of the them donating a portion of their shares.

If it's diluting shareholders who don't approve of the donation, then I agree that's different.