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Re:Show HN: Startup Equity Adventure Game by tailscaler2026 on Sunday April 26, 2026 @07:54PM (#47916146)
It doesn't understand authorized vs issued shares
Re:Show HN: Startup Equity Adventure Game by iliabara on Tuesday April 28, 2026 @12:51AM (#47930561)
In practice, for YC or similar Bay area US startups, they are the same.

All authorized shares are issued, and then the charter is amended through board action and more shares are authorized and issued at each stage.