Interesting, it’s always been my assumption, and unless everyone is operating in good faith, if don’t have board control (and/or >50% of equity) it’s a possibility that I might well get diluted to nothing.
As such, unless I’m confident that I trust everyone involved, I would value equity quite low (and I’ve certainly been screwed out of equity in the past...)
As such, unless I’m confident that I trust everyone involved, I would value equity quite low (and I’ve certainly been screwed out of equity in the past...)