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Not when they pressure you to take an exit that lets them recoup costs and leaves you with nothing, and your employees with nothing.
by serge2k 10y ago
Not when they pressure you to take an exit that lets them recoup costs and leaves you with nothing, and your employees with nothing.
- godzillabrennus 10y agoThose valuations come back to haunt you when you can't get the public markets to stomach them. Those venture rounds get paid back before founders get a penny.
- ec109685 10y agoGreat example: http://www.bloomberg.com/news/articles/2016-01-29/birchbox-cuts-15-of-staff-amid-tech-startup-belt-tightening http://www.bloomberg.com/news/articles/2016-01-29/birchbox-c... At a lower valuation, employees could have had a nice exit. Now they are stuck.