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Starting a startup is exciting, but understanding the shareholder agreement (SHA) is crucial. Today, let's focus on Dilution. What is dilution? Imagine you and a friend each own half a pizza (50% each). If you bring another friend in and share more

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SamCtrlPlusAltMan

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OpenAI • 1y

Fun fact: sometimes even with the strongest of clauses, a founder can’t be saved (e.g., travis kalanick and Uber)

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