3 ms·
Why would you even give up more than 49% of your company?
by k__ 6y ago
Why would you even give up more than 49% of your company?
- sebmellen 6y agoYou might not realize that a 5% stake with two board seats is much more powerful than a 25% stake with one board seat. Corporate dynamics are weird.
- rsweeney21 6y agoIt doesn't matter what % of your company you own. What matters is whether or not you control a majority of the board seats.
- texasbigdata 6y agoWell....technically.... what matters is your ability to replace and/or appoint board members :)
- nradov 6y agoBecause you need the money and have a weak negotiating position. Not every startup is like Facebook.