One difference between VCs and Entrepreneurs(lsvp.wordpress.com)
lsvp.wordpress.com
One difference between VCs and Entrepreneurs
http://lsvp.wordpress.com/2009/04/20/one-difference-between-vcs-and-entrepreneurs/
1 comments
A grant of equity or control, however, is irreversible.
a grant to a VC is not reversible... you cannot fire your VC. A grant to an employee, however, is reversible.
Wouldn't this depend on vesting?