>Alice wants out. She proposes that Bob buys her shares for 50k. Bob may either ... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

unethical_ban on March 9, 2022 | parent | context | favorite | on: Elementary OS is imploding

>Alice wants out. She proposes that Bob buys her shares for 50k. Bob may either accept the purchase, if he thinks the price is correct, or he must sell his own shares to Alice if he thinks the proposal is over-valued.

"I want out now, at $1,000,000 a share. What? You think my stake is only worth $50,000? Well then, sell me the company!"

nicwolff on March 9, 2022 | [–]

"OK! Per our agreement, you owe me $1,000,000 per share."

> he must sell his own shares to Alice

at the price she proposed!

> The counter-party has the choice to take either side of the transaction.

addingnumbers on March 9, 2022 | [–]

"Ha ha, I tricked you into selling for only 2000% of your asking price!"

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact