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Re:The Open Guide to Equity Compensation by __turbobrew__ on Sunday April 13, 2025 @09:16PM (#43677191)
1. If the company is bootstrapped the founders can have preferred stocks with whatever clauses they want on it

2. Most (all?) companies will not show you their cap tables so it basically boils down to “trust me bro”

Re:The Open Guide to Equity Compensation by lotsofpulp on Sunday April 13, 2025 @10:08PM (#43677452)
The logical conclusion to #2 is valuing the equity compensation at zero, and foregoing it and asking for extra cash.