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Re:Seed stage CEOs: less dilution, more equity upside by silexia on Tuesday November 03, 2020 @12:08AM (#24976530)
I have no idea what this is after reading it.
Re:Seed stage CEOs: less dilution, more equity upside by brd529 on Tuesday November 03, 2020 @01:05AM (#24976828)
This explains it: https://harveymultani.substack.com/p/startup-employee-syndic...

The idea is for employees to raise money from their network into a special purpose vehicle, and have that SPV invest in their employer, charging a 20% carry to the other investors in the SPV

Re:Seed stage CEOs: less dilution, more equity upside by spurdoman77 on Tuesday November 03, 2020 @01:32PM (#24982492)
Sounds like a lot of hassle/potential distraction.
Re:Seed stage CEOs: less dilution, more equity upside by multani787 on Tuesday November 03, 2020 @07:03PM (#24985442)
>$4m raised through employee led SPVs to date. So far, process has been seamless and relatively low time cost for all parties. Happy to go into more detail if helpful