network profile
| bio | website | |
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| location | ||
| age | ||
| visits | member for | 5 months |
| seen | Jan 22 at 5:57 | |
| stats | profile views | 2 |
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Jan 22 |
comment |
Shareholder investing in competing business This investor is active, has significant board presence, access to business plan and inside information (but not the source code of any software). We fear they may utilize all this info in some of their other investments that would harm our own business. |
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Jan 21 |
asked | Shareholder investing in competing business |
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Jan 19 |
comment |
How to protect investors from founders leaving when out of money So what would a normal investor then write to terms to reduce risk? |
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Jan 18 |
comment |
How to protect investors from founders leaving when out of money Is that something never heard of in startup investing? |
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Jan 17 |
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How to protect investors from founders leaving when out of money The guarantee cannot come from the company since its likely there is no cash left in the company that could be used to buy investor shares. Company is already eligible to buy all departing founder's shares practically for free but that doesn't protect the investor if all the founders leave. I think the guarantee must come directly from each of the founders personally, maybe to buy back investors shares with a pre-agreed price in case of premature departure. But how can that be quaranteed since the price is pretty high and everybody knows founders are not the rich guys. |
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Jan 16 |
comment |
How to protect investors from founders leaving when out of money ...and considering that the founders are practically broke personally with no significant assets |
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Jan 16 |
comment |
How to protect investors from founders leaving when out of money We have non-competition clauses but in our case the founders can easily go to work for companies that are not considered as competitors. We have been discussing about those triggers you mentioned. Some compensation for the investors in case of premature departure. What could that be? |
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Jan 16 |
awarded | Student |
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Jan 16 |
asked | How to protect investors from founders leaving when out of money |
