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by toomuchtodo
559 days ago
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I am not a founder, but I am a strong proponent of awarding value creation and aligning financial incentives. I commend you for even asking the question and spending the cycles to see if it is possible. I own private equity in several enterprises, and I do know (from the experience of negotiating, acquiring, etc) that the complexity of your cap table and the friendliness of those on it can have a direct impact on your ability to raise funding, navigate corporate decisions, and overall operate your business. Unfriendly investors can be extremely detrimental. If you can accomplish this in a way that does not encumber your ability to execute, I would be very intellectually curious to hear all about it. Talking to an attorney both familiar and experienced in securities and startups is mandatory. https://news.ycombinator.com/user?id=grellas might be someone to reach out to and buy an hour of their time to discuss (if they're still practicing). |
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