Let me keep it simple to explain how crazy this is.
1/ you put everything you earned to start a company
2/ the investors/owners create a comp package and majority agree that ONLY if you create $X amount of value within 10 yrs, you’ll be compensated $Y
3/ however, if you do not create $X amount of value, you get paid NOTHING, literally $0
4/ you work your ass off and create $X amount of value within 4 years
5/ a judge rejects the comp package saying it was not fair
6/ the investors/owners re-vote for a second time to re-instate the comp package for you to get paid and majority vote that you should be compensated $Y
7/ same judge rejects it again, saying it is not fair
8/ you are getting paid nothing for your honest, hard work (as of now…)
Is it just me, or does this sound absolutely ridiculous?
Does this make you want to start a company in the US?
This is literally what’s happening to Elon Musk at Tesla right now!
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