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Adeo Ressi: If Common Stock Is Worthless, What Does That Mean for Entrepreneurship? (pehub.com)
11 points by rowel on April 24, 2009 | hide | past | favorite | 1 comment



Market forces are mostly to blame for the devaluation of common stock.

When you negotiate that first round with the VCs, it's all about who has more power in the negotiation. A known weakness of the newbie entrepreneur is that they don't know all the tricks that VCs put as hidden terms.

That's one reason I like Adeo's initiatives to bring transparency and shed the light on the VC industry's practices.




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