@six

taking the other side here. private rounds are common across venture markets, they are not inherently bad, and if a builder is trying to have more control over cap table construction then it is actively necessary imo the issue here is lack of vesting/lockup, and the distribution math could've been better, and the naming feels a bit ironic, but not the inherent existence of a private presale. [disc: was invited but did not participate bc forgot to reply, and don't currently own any $FAIR]

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