I think your points speak to the quality of the company. Which I'm definitely not arguing about.
My concern is whether you will be allowed to benefit from that as a small minority holder. Or whether, around the time that the company turns profitable, they will whip it off you.
The way this is set up from a corporate governance & ownership point of view, makes the hairs on my neck stand up. There's too much chance that you won't be treated fairly by the controlling parties. You cannot rely on the benevolence of a capitalist.
If Sontradr wanted Jaxsta to flourish as an independent company, they would have stuck at 30-40%, and influenced the board through seats. Instead they've manoeuvred into a position where they and their allies control 54%... I just struggle to see that as a coincidence.
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