Kudos
@boringcompany !
In their latest round, they are allowing investors only if they commit to adding value.
“If they fail to [add value in tangible ways], The Boring Company has the right to buy back some of their shares, they said.”
If you can choose who you take money from, this is an awesome clause to add to your financing documents. Great way to filter out valueless investors.
Incentives drive behavior, including among venture investors.
There are easy ways to prevent gamification of this by either side.