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So beyond just having the founder take up the majority of the board seats? I suppose one needs to first find investors comfortable to let this all happen.
by adrianwaj 16y ago
So beyond just having the founder take up the majority of the board seats? I suppose one needs to first find investors comfortable to let this all happen.
- rdl 16y agoYou make it a negotiating point; you might have to accept lower valuation or other terms to protect investors if you push on board control. Being obviously brilliant, responsible, and experienced (Parker) goes a long way in those negotiations too.