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Perhaps if the investors in these Midwest startups enabled founders to take some funds off the table from a round, it could help to alleviate this problem. If
by strebler 11y ago
Perhaps if the investors in these Midwest startups enabled founders to take some funds off the table from a round, it could help to alleviate this problem.
If founders have all the stress of low salary + not much savings + lots of work to do + maybe starting a family, of course a $10M exit starts to look good.
But if they're achieving good results, why not give the founders a small taste of the billion dollar carrot?
- tfe 11y agoThe article actually suggests this near the end, and discusses some reasons it doesn't happen currently.