2 ms·
If this is a big concern to you, get your money from VCs and angels that aren't in the habit of firing founders. The Founders Fund, as I understand it, has an
by Eliezer 16y ago
If this is a big concern to you, get your money from VCs and angels that aren't in the habit of firing founders. The Founders Fund, as I understand it, has an explicit policy of not funding anyone they think they might need to fire, because they expect that if you have to fire the founders the company is probably going to tank anyway.
- chrisyeh 16y agoVCs rarely go into a deal expecting to fire the founder. The only way that would make sense is if A) the business is red hot and B) the investors see the founder as a lucky fool rather than as the person responsible for the business' success. That's a pretty rare combination.