Do not accept anti-dilution provisions or fixed token allocations in deals with VCs. I've been seeing too many companies with provisions like this in term sheets.

Do not accept anti-dilution provisions or fixed token allocations in deals with VCs. I've been seeing too many companies with provisions like this in term sheets.

https://x.com/milesjennings/status/1744790973891371213

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

CTO @a16zcrypto, lover of https://github.com/a16z/awesome-farcaster

Fixed equity allocations are not common, how did fixed token allocations become a thing? @milesjennings

Don’t forget to put in limits of how much they can sell of tokens per day. Have seen that as well and been advising on the token launches for things like this and other things as well.