In this long-form post published on LinkedIn Pulse and titled “A Founder’s Repurchase Dilemma”, Ran Dimant of Katzenell Dimant offers insights to Founders confronted with the unpleasant norm of the Repurchase Agreement.
I had the pleasure of working with Ran and providing Editorial Services for this piece.
Ran Dimant is a Founding Partner of Katzenell Dimant and provides strategic and practical legal advice to public and private companies, equity crowdfunding platforms, startups, founders, investors and various business initiatives.
From the post: “A Founder’s Repurchase Dilemma“:
“While serial entrepreneurs may already be immune, or at the very least indifferent, first-timers often have trouble biting the Repurchase Agreement bullet. How did you feel when your investors told you that reverse-vesting provisions were going to apply to shares that were already yours?
From an emotional aspect, Repurchase Agreements can have a detrimental effect on the founders. “We’ll invest in your company, but you’re going to have to give us your shares and get them back only if you stay the term”.”
Link to the full post