Show HN: Startup Equity Adventure Gameoptions-game-polymathrobotics.pythonanywhere.com36 points·by iliabara·vor 3 Monaten·25 comments
iliabara·vor 2 Monaten·discussIn practice, for YC or similar Bay area US startups, they are the same.All authorized shares are issued, and then the charter is amended through board action and more shares are authorized and issued at each stage.
iliabara·vor 2 Monaten·discussThis is US centric, it's mentioned on the first page, along with the notes and links.Reinvesting is a minority, edge case. I can't think of a single VC company in the Bay area that can have founders reinvest shares and not cause issues raising.
iliabara·vor 2 Monaten·discussDepends on the outcome.If it's a positive outcome, then preference has no role.This game models good outcomes, with warnings for things like down rounds
iliabara·vor 2 Monaten·discussHey thanks!There are a ton of edge cases, but the goal was to serve as an intro, and to get a grasp of the basics.Links in the intro to a more serious look at things.
All authorized shares are issued, and then the charter is amended through board action and more shares are authorized and issued at each stage.