In this powerful episode from the Startup Wars Series, we explore the hidden architecture of startup ownership—the clauses that determine not just how much of the company you own, but whether you truly control it.
You might think equity is about innovation, traction, or passion. But behind every cap table lies a silent power structure built from legal terms, shareholder mechanics, and investor protections that can shift the balance in seconds.
🎯 Based on the first six episodes of the Startup Wars series, we break down:
🔹 Startup Wars 1: Did You Invest in Shares or Smoke? The Anti-Dilution Clause
→ How your equity can shrink when new money comes in—and what to do about it.
Startup Wars 1: Ai investit în acțiuni sau în abur? Despre clauza anti-diluare
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🔹 Startup Wars 2: Preemption – Row or Drift Aimlessly in Your Own Company
→ Why having the right to invest in future rounds is your anchor to relevance.
Startup Wars 2: Preempțiunea – vâslește sau plutește în derivă în firma ta
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🔹 Startup Wars 3: Redistribution – When Your Startup’s Shelf Is About Math, Not Ego
→ The capital logic behind internal restructuring and how equity reallocations actually happen.
Startup Wars 3: Redistribuirea – când raftul startup-ului tău nu e ornamental, ci matematic
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🔹 Startup Wars 4: ROFR – Your Startup Orange Is Not for Just Anyone
→ Why right of first refusal (ROFR) keeps your cap table clean—or keeps you stuck.
Startup Wars 4: ROFR – portocala startup-ului tău nu se împarte cu oricine
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🔹 Startup Wars 5: Drag Along – The Clause That Can Kick You Out in Style
→ The silent clause that lets major shareholders force a sale—even if you’re not ready.
Startup Wars 5: Drag Along – clauza care te poate scoate din propria firmă cu tot cu papion
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🔹 Startup Wars 6: Tag Along – The Allure of a Final Act You Didn’t Write
→ How minority investors protect themselves when the founders cash out.
Startup Wars 6: Tag Along – Fascinația unui final pe care nu l-ai scris tu
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🧠 Whether you’re a founder, early-stage investor, or legal advisor, this episode is your survival map through the fine print of startup control. Because in the world of venture capital, the contract speaks louder than the vision.
Start from the beginning and dive deep into startup law, strategy, and survival:
👉 Read the full Startup Wars series here
💼 Need guidance with your startup’s documents?
📩 Reach out: contact@mihaelapaunescu.ro
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