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This is the natural consequence of founders keeping board control. Remember all those evil VCs who ousted founders, meddled in companies, and endlessly pushed
by patmcguire 10y ago
This is the natural consequence of founders keeping board control.
Remember all those evil VCs who ousted founders, meddled in companies, and endlessly pushed for bigger and bigger risks in the hope of a massive one in a million IPO?
Turns out some of that was good for employees. No one who makes decisions needs liquidity events like they used to.