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dadrian
425 days ago
If you can't do 10 up front, you can usually reset founder vesting back every funding round to slow it down. This is fairly common.
1 comments
tptacek
425 days ago
You're counting on one reticent founder not jamming everything up, though.
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dadrian
425 days ago
Yeah, but this also offers a clear exit opportunity (during the raise), and limits the "blast radius" to time-since-last-raise, rather than progress against the first four years of the company.
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