Scary
When the now-defunct Austin accelerator Newchip filed for bankruptcy, founders learned that warrants into their startups were being sold off...
https://techcrunch.com/2024/05/02/they-thought-they-were-joining-an-accelerator-instead-they-lost-their-startups/?fbclid=PAZXh0bgNhZW0CMTEAAab0N0wioVVmn5xBX01X04473QhIjreY7pY5wO6Ff9VEWuv3EhUVT975JSM_aem_ARqSJFUtJIsxe_34DlfniZeZiKaiIRzG9FAJyITK5F_oZq6MS7561Z9WZWlKgjPQZy_-ypnQARkYJElhKg37igZD&guccount
Kendall Olive
Stealth
6 months ago
Do the contracts not safeguard against these? Has to be se legal blanket
This can get way to common with Angel investors opening their own firms