Hi All,
I am not looking to name or shame. I'd love to just understand the experience of others within the community and get more understanding of everyone's view on this request.
To be fair, until this point the VC in question have been good to work with so it's not the usual nightmare investor rant. I was just shocked at the request from a preference shareholder that I thought would have real incentive to do this, at the same time I don't want to damage a relationship. I get covering costs, some kind of bonus incentive with a fixed fee, just not what is essentially increasing their equity holding.
Any experience or examples would really help me get more of an understanding outside of my own direct network.