Because then they'd be left with their original stake, but in a worthless, bankr... | Hacker News

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		vkou 11 months ago \| parent \| context \| favorite \| on: Why I stopped angel investing after 15 years, and ... Because then they'd be left with their original stake, but in a worthless, bankrupt company.

kadoban 11 months ago [–]

Sounds like leverage to me.

vkou 11 months ago | [–]

They are always free to give the worthless, bankrupt company they own more money, and thus avoid dilution.

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