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startup1411978

16 karma · joined May 24, 2016

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startup1411978··on Startup Employees Invoke Obscure Law to Open Up Books
what are the cons of being fully transparent re the cap table and other financial details when the startup is small (say under 50 employees)?

trying to properly analyze the cost/benefit ratio of 100% financial transparency.

some potential risks:

* employees leaking financial details to press, future investors, competitors.

* employees getting upset over smaller equity stakes.