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What happens at the maturity of the fund of the company is still chugging along but hasn't had a liquidity event?
by hamburglar 11y ago
What happens at the maturity of the fund of the company is still chugging along but hasn't had a liquidity event?
- erdojo 11y agoBy that time, unless the company got profitable early, they've raised multiple rounds and the investors have a majority interest. Once they control the board, it's over. I read somewhere that Aaron Levie of Box.net only owns about 4% of his company. Choice runs out when money does.