iliabara
Joined 5 years ago
Joined 5 years ago
Reinvesting is a minority, edge case. I can't think of a single VC company in the Bay area that can have founders reinvest shares and not cause issues raising.
If it's a positive outcome, then preference has no role.
This game models good outcomes, with warnings for things like down rounds
There are a ton of edge cases, but the goal was to serve as an intro, and to get a grasp of the basics.
Links in the intro to a more serious look at things.
Ask/comment away!
Our current test vehicle uses remote operation a lot!
As with any large opportunity, there are multiple players in the space, both new and old. As seen with the "innovator's dilemma", I'm not sure I'd place my bets on tech straight out of the 1980/90s/2000s (sheep or no sheep ;) )
All authorized shares are issued, and then the charter is amended through board action and more shares are authorized and issued at each stage.