is it tho? like i agree if i just took the equity. but if i own a ton of equity and the board wants to clean up the cap table, don't they still need to deal with me by offering me a fair number instead of "just moving own"?
interesting, i might end up doing something similar. if you don't mind me asking, how much did you sell the remainder of your shares for? was it close to your FMV? i feel like i'm already being negotiated hard by being forced to sell my equity to minimize dead equity and then instead of selling at the 409A valuation, being sold at the FMV seems like i'm losing another battle. thoughts?