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Re:Ask HN: Co-founder leaving a startup for free without equ... by mattmanser on Wednesday September 25, 2019 @05:55PM (#21075999)
You can't actually do that in the UK, there are stringent protections for minority shareholders to stop these exact shenanigans.

If Jim issued himself more shares for a nominal fee, he would have to offer the OP the same deal.

Yes, share dilution might happen with genuine investors, but no he can't just dilute out the OP on his own to 'screw' him.

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