| ▲ | overfeed 2 hours ago | |
> Must be a pretty nice sum for them to agree to it Not necessarily: if the investors don't agree to a reasonable amount, the wanna-be acquirer will simply hire the entire team with generous sign-on bonuses, and the investors will be left with a shell of a company. In this case, the core product is MIT-licensed, the team can quit on a Friday and pick up exactly where they left off under a new org on Monday. | ||
| ▲ | bix6 an hour ago | parent [-] | |
Not necessarily. There are likely key person clauses in the prior round docs. | ||