cap table before leaving:
manager1: 24% manager2: 24% manager3: 24% -> is leaving and vest to 12% manager4: 15% Investor1:10% investor2: 3%
Our CFO said there would be no chance to get into the next financing round (VC for example) if he would take the full 12% and we would have to cut it down to 5%. The leaving co-founder doesn't see a problem.
Is it really a problem for Investors/VCs? Why? Would they rather not invest? Should we stop contacting VCs till we got this issue sorted out? (We are running out of money in 3 months)
Your kind help is appreciated!
links/books/contacts/literature appreciated
