I don't think it's that shady, I'd much prefer founders having power over investors having power. If you've been on HN for a while you've heard way more stories

I don't think it's that shady, I'd much prefer founders having power over investors having power. If you've been on HN for a while you've heard way more stories about investors exploiting founders and ruining companies and lives. Both sides should be protected but yeah there exists a bias I'd rather it be on the founder side than the investors.