3 ms·
Very true! I suspect involuntary founder replacement is much more common in venture-funded companies. While your, my, and the founder's definitions of success
by kornish 9y ago
Very true!
I suspect involuntary founder replacement is much more common in venture-funded companies. While your, my, and the founder's definitions of success may not be synonymous with "financial success", many VCs and their LPs may not feel the same. Obviously it's tricky to fully generalize, but the point is that VC can be expensive if founder and investor motivations aren't closely aligned.