At seed funding stage, how can a Startup protect itself from losing the majority?
24th July 2013
My answer to At seed funding stage, how can a Startup protect itself from losing the majority? on Quora
Firstly, don’t sell a majority stake in your company. Secondly, hire competent legal advice to make sure you fully understand the terms of your investment and don’t get caught out through misunderstanding board voting rights, preferred vs common stock, liquidation preferences etc.
More recent articles
- Tips on prompting ChatGPT for UK technology secretary Peter Kyle - 3rd June 2025
- How often do LLMs snitch? Recreating Theo's SnitchBench with LLM - 31st May 2025
- Talking AI and jobs with Natasha Zouves for News Nation - 30th May 2025