Re:Leaked Slack all-hands meeting reveals a ‘strong culture ...
by doctor_eval on Monday January 09, 2023 @01:19AM
(#34307409)
Well, selling a business includes the parties signing a number of written contracts and agreements which, in theory, should persist beyond completion. So it’s really not as simple as you say, and certainly not just a simple case of looking at the cap table.
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Re:Leaked Slack all-hands meeting reveals a ‘strong culture ...
by grepfru_it on Tuesday January 10, 2023 @06:44PM
(#34333099)
When someone is handing you gobs of money they will very likely strike out terms which limit their control. It’s like why you wouldn’t accept a car loan with an early payment penalty unless the terms were excessively good for you
You have a board of directors, you are at their mercy.. not the other way around.