3 ms·
Wish it went into more detail on the "you can be fired from your own company" point, that's such a scary proposition.
by benologist 15y ago
Wish it went into more detail on the "you can be fired from your own company" point, that's such a scary proposition.
- rmason 15y agoYou didn't know that if you accept venture capital there's a 60% chance you will be gone from the company within a year? Despite the fact there's no conclusive evidence that a company is better off with the founder gone. For every Cisco example you can cite there's an Apple one to counter it. I'd be very curious how many YC companies had one or both founders leave within a year after raising VC money. I suspect your survival chances are much better as a YC alumnus but lack the verification.
- benologist 15y agoI think it's a really interesting and underrepresented topic around here. There must be some killer "how I got screwed out of my own company" stories out there that would be awesome to learn from, and to balance out the built/raised/sold success stories we lap up cause we all want to read/learn from what went right.
- semanticist 15y agoNo one wants to tell those stories - coming across as bitter about a previous deal doesn't gain them anything and could sour investors/partners in the next thing they try.