Re:Ask HN: How to leave a startup when you own a third of it?
by inputcoffee on Wednesday May 17, 2017 @03:02PM
(#14361707)
There is an alternative:
The investors buy up 99.99% of the company for $500k at a $1 premoney, and then give out 75% of the company to current management in order to incentivize them to stay.
I am using extreme numbers here to make the point, but current management almost always gets a carve out.
The investors buy up 99.99% of the company for $500k at a $1 premoney, and then give out 75% of the company to current management in order to incentivize them to stay.
I am using extreme numbers here to make the point, but current management almost always gets a carve out.