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This is why VCs should put some money into the pockets of the founders when they fund a company. There may be good reasons, as far as the future of the company
by rajat 16y ago
This is why VCs should put some money into the pockets of the founders when they fund a company.
There may be good reasons, as far as the future of the company goes, why they shouldn't sell out to Yahoo or someone else. But, we are talking about a lot of money here. And if the founders aren't already independent, money-wise, can you really fault them for looking out for themselves, for their families?
I know money isn't supposed to be everything, but come on.
- gokhan 16y agoI guess VC's in Foursquare might also be very happy with the possible sale and less interested in seeing the baby grow.