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by SoylentOrange
943 days ago
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Negotiation is always a two way street. I’m a startup founder. Your investors, when they invest, will send you some documents on key provisions (e.g. pro rata rights) and you and they will go back and forth on what is acceptable. You, as a founder, will not have the ability to unilaterally turn down all requests. Especially in early funding rounds. |
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We are though taking about OpenAI, by that time probably one of the five most valuable startups in the world.