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> Founder could control everything directly or indirectly and the board might have one or no external directors. Uhh, investors are definitely going to demand
by airstrike 5y ago
> Founder could control everything directly or indirectly and the board might have one or no external directors.
Uhh, investors are definitely going to demand seats on the board after funding
- margalabargala 5y agoSome do, some don't. Depends on the investor and the company. I work for a startup that has raised a bit over $30M, with no board seats given up.