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As a founder I hope that should this go to court that Pincus prevails. These funds invested knowing about the risks and the rules. They should be forced to ho
by cenal 11y ago
As a founder I hope that should this go to court that Pincus prevails. These funds invested knowing about the risks and the rules. They should be forced to honor that agreement. Even if Pincus isn't doing a great job he's not unethical for raising money on his terms. All founders should hope to be in his position when they go to raise.
- rahimnathwani 11y ago"All founders should hope to be in his position when they go to raise." Yes, and all shareholders should hope that such founders use there voting power to maximise long term shareholder value. I guess that the parent comment is suggesting this isn't always the case.
- pstuart 11y agoHe did prevail. He's worth a billion dollars.