3 ms·

I'm just not sure how someone who is not already able to command lead investor-ship through their reputation and added value would be able to sell such a "short

• wtvanhest 6y ago
  If you picture a cap table having 3 components 1) Investor's Share 2) Founder's Share 3) Employee's Share Founders try to optimize for their own share, but investors basically destroy the employee share to get founders to agree. I don't believe most founders are sophisticated enough to model employee interests until it is too late. My belief is that a new structure could be sold to founders by being a thought leader. In a world with tons of money and no edge, I believe its worth it for someone to try. But... I'm not a VC, and personally believe its the most difficult gig in investing (which investing is the most difficult gig in any job long-term). So, take anything I say with a massive grain of salt.