This is going to go over really well in due diligence.
Edit: This might make more sense if you created a special class of stock without voting rights. If you're essentially giving away 5% of a potential exit someday that's one thing. Giving away 5% of control is another.
Edit: This might make more sense if you created a special class of stock without voting rights. If you're essentially giving away 5% of a potential exit someday that's one thing. Giving away 5% of control is another.