Short answer is none.
Everyone is diluted during a financing round.
Long answer: some early or critically important employees will receive grants after a round to offset some of the dilution.
Everyone is diluted during a financing round.
Long answer: some early or critically important employees will receive grants after a round to offset some of the dilution.
I’ve never heard of this happening successfully. What you’re probably asking is “how can they screw me?” And the answer is if they terminate you before youre vested. That’s why as an early employee you want to negotiate some type of accelerated vesting schedule.
Technically the existing shareholders are asked to agree to the changes as a condition of the new investor(s) putting money in. Sometimes they are given the right to put in money to keep a real position in the newly-recapitalized company.