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A small slice sets the price: what changed in v1.1.0
From v1.0.0 (2026-10-20, 2672ce22a) to v1.1.0 (2026-10-20, f1708db9b), paragraph by paragraph.
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41 unchanged paragraphs, under In short {#in-short}, What was nagging me {#question}, What was actually sold {#sold}…
The same is true at every size. Sell, don't issue argued that a founder with leverage should sell existing shares rather than issue new ones; the controllable founder argued that investors select partly for founders they can control. A valuation is the price the market allows for the slice you choose to sell. Understanding that is the first step. The second is deciding when to sell the part of the company that controls it, which is the exit, and thethe next article.article.
8 unchanged paragraphs, under What this does not claim {#limits}, Where this comes from {#sources}