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In my expertise, this works about 1 out of 20 instances. If FFAs only make investments at the beginning and don't make any comply with on investments as the corporate raises more $$ then the one real way FFAs make money when the corporate is finally bought is if the company keeps raising future rounds at greater and higher valuations (and IPO exit may provide upside if the stock price increases over time after the IPO). All I need is love and Jesus and chick fil a. And typically founders want to defend the financial pursuits of FFAs. It is highly typical for a startup to have small traders on its cap table. The second ( Liquidity Bonus Plan Board Meeting Slides ) is an influence level presentation that a startup board might overview when adopting a plan. That can be powerful for a startup!

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