Cap Table Question — option pool shuffle diluting founders

Started by asking_for_friend_buyer_CO · Feb 25, 2023 · 943 views · 3 replies

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

asking_for_friend_buyer_CO OP Jan 30, 2024

Looking for advice on a legal issue. Here's what happened.

option pool shuffle diluting founders. I've been dealing with this for about 11 weeks now and the situation isn't improving.

I have already tried to resolve this directly but the other party is not cooperating.

What's the typical outcome in situations like this?

worried_renter_CO Feb 1, 2024

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

anon_buyer_question Feb 1, 2024

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

confused_buyer_2024 Jan 31, 2024

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

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