I don't know the answer but I think investors at the very least expect you to invest the money they give you, not just keep it for a rainy day. I don't know how much leverage they will have to make you spend it.
I'm another poster completely devoid of actual knowledge (old Paul Graham posts are the fanfic corner of hn, right?)
I'd expect that to be part of the standard threat models that a fund would have prefab contract modules for. Founders still have 50+1? (otherwise it's clear what would happen) Include module "contingency stake transfer agreement" or something like that.
But it won't come to that, I'd expect GP's "socially impossible" to work well enough. Particularly when there actually is something in the contracts, that something will never be tested.
