"You divide the cake, I'll pick my half first" is the wheel of justice mechanisms.
@zem42 I've been collecting more complex n=2 examples like "you decide the valuation, I'll decide the term sheet"
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@vgr doesn't that run into the problem of not valuing the right to decide the valuation and termsheet equally? -
@zem42 point is you can design term sheet (liquidation prefs etc) to get the effective valuation you want... - Show replies
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