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Re:One of our founders left with 5% equity vested -- fundrai... by PythonDeveloper on Monday March 19, 2012 @02:03PM (#3725252)
Unless he has a non-dilution clause. If he does, it will likely become a very sticky issue with VCs.
Re:One of our founders left with 5% equity vested -- fundrai... by cwilstop on Monday March 19, 2012 @02:10PM (#3725299)
there's no non-dilution clause. it's more that this never would have gotten off the ground without him, so we'd rather not knock him low.