if the founder(s) of the company got really rich, but the company is still owned by VCs, there is almost definitely "voodoo bullshit" going on. it's customary

if the founder(s) of the company got really rich, but the company is still owned by VCs, there is almost definitely "voodoo bullshit" going on. it's customary to take some money to alleviate the everyday financial stresses of life and to maybe buy a decent house because people have families, but the original intent behind the IPO was designed to align everyone's incentives. when they aren't aligned i.e. when there is a super-class of owners that already cashed out, it's going to end badly for the people who aren't in control. everyone who got in early is already rich or completely exited, and more idiots keep piling onto the funding rounds... hmm... what does that sound like?