http://www.startuplawtalk.com/what-are-anti-dilution-protective-covenants/ Legal Discussions and Workshops for Startups Tue, 11 Sep 2012 19:32:45 +0000 hourly 1 https://wordpress.org/?v=5.7 http://www.startuplawtalk.com/what-are-anti-dilution-protective-covenants/#comment-4 Tue, 11 Sep 2012 19:32:45 +0000 http://www.startuplawtalk.com/?p=218#comment-4 […] Sometimes the term dilution is used in reference to dilution of value, as opposed to dilution of percentage interest.  If new shareholders are paying a fair price for their shares, then the value (as opposed to ownership percentage) of existing shareholders’ interests are not being diluted.  In general, I would recommend not using the term dilution (or lack thereof) in this way, but you should be aware when others use it in that sense.  See “What are anti-dilution protective covenants?“. […]

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