In the second part of the interview with Brandon Huffman, managing attorney at Odin Law, Ninel and her guest unpack the investor side: what to accept, what to push back on, and how to protect your team, your equity, and your roadmap.

We dig into:

✅ When to go to a publisher vs an investor

✅ How valuation and dilution can shrink your stake

✅ SAFEs vs convertible notes (and the surprise dilution hiding in them)

✅ Control terms like board seats, veto rights, and compensation

✅ Strategic investors and the rights that can block future deals

✅ Protecting founder equity with vesting, cliffs, and buybacks

✅ What drag-along and tag-along mean in practice

✅ How to handle a bad investor relationship

✅ Why it’s worth looping in a lawyer early (many defer fees until funding closes)TIMECODES:0:00 Intro

0:27 Our guest

1:46 When to choose a publisher vs investor

7:00 Key things to check in investor deals

18:04 Anti-dilution clauses and why they matter

20:04 Protecting your role as founder

26:29 Common investor terms

31:26 Managing a mismatch with an investor

32:59 Ending

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