Interesting... that changes things, but not in a way I'd be happy with.
Post-IPO then anyone can hold shares, until then the investors hold specific % based on their position and we'd seek to diversify.
If the above stuff is the default, then it would allow the employee option pool and nominee shares in Seedrs to be purchased by anyone on Seedrs. Effectively a mini-IPO as we'd be publicly trading from the outset. The problem being that it could destabilise the % in favour of specific investors.
It's important to have some liquidity in the shares, and I had been asking for it... but it's also important to have some control over your investors pre-IPO.
This would make us very wary about going back to Seedrs for any subsequent round.
Interesting... that changes things, but not in a way I'd be happy with.
Post-IPO then anyone can hold shares, until then the investors hold specific % based on their position and we'd seek to diversify.
If the above stuff is the default, then it would allow the employee option pool and nominee shares in Seedrs to be purchased by anyone on Seedrs. Effectively a mini-IPO as we'd be publicly trading from the outset. The problem being that it could destabilise the % in favour of specific investors.
It's important to have some liquidity in the shares, and I had been asking for it... but it's also important to have some control over your investors pre-IPO.
This would make us very wary about going back to Seedrs for any subsequent round.