Retrospective equity traps occur when unpriced early contributions transform into unstated debt claims, requiring structured forward vesting or formal liability releases to preserve cap table integrity.
Six fields, each writing its own terms
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.
