Silicon Valley Self Regulation
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Stories

These are some stories we've been told. For confidentiality, we've anonymized names and details

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story1

ONE

Want liquidity? You're only allowed to sell through us and at half the price of the last round

story2

TWO

Lead investor pulls term sheet at the last minute

story3

THREE

At a late stage company that might not go public for a while, founders and early employees sell their shares at significantly higher prices

story4

FOUR

Employee fired right before their vesting cliff

story5

FIVE

Management team overlooks legal details