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VC Deal Negotiation — option pool shuffle diluting founders

Started by throwaway_employee_CA · Apr 1, 2024 · 1,220 views · 2 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TE
throwaway_employee_CA OP

Has anyone dealt with something like this? I'm not sure what my options are.

option pool shuffle diluting founders. I've been dealing with this for about 7 months now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

What are my legal options here? Is it worth pursuing?

TA
TenantRights_Advocate

I've seen this play out several times in my field.

In my case, it took about 1-3 months to resolve. The key was escalating to a supervisor/manager.

NH
need_help_contractor_question

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

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