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A Fatal Paper Cut - Too many shareholders and bad shareholders agreement (ricksegal.typepad.com)
20 points by immad on Feb 25, 2007 | hide | past | favorite | 3 comments


This is a real problem. When a partner from WSGR came to speak at YC, I asked her what was the single worst mistake made by inexperienced founders, and she said it was being sloppy with stock.


The one thing this article screamed to me but isn't outright said is maybe you shouldn't be handing out the shares so liberally in the first place? I was wondering what others thought about this. Of course I say this as my ETS (Estimate Time to Startup) is a few months away....


Story is not that interesting but the advice is.




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