Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Companies have the right of first refusal and don't like lots of unrelated people on their cap table who only hold a small amount of shares, so don't expect this to work out



Apart from adding complexity to future funding rounds, companies don't like having many different owners of shares because there's an upper bound on number of distinct stockholders above which you're considered a "public" company and have a pile of additional obligations.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: