3 ms·
> Someone refused to acquire a company for (presumably) tens of millions of dollars because a founder took a below market salary and then made up for it after a
by anamax 5y ago
> Someone refused to acquire a company for (presumably) tens of millions of dollars because a founder took a below market salary and then made up for it after a funding round with a 100k payment?
Yes. It goes to the CEO's honesty and character. When you find something like this in due diligence, you start wondering what you haven't found.
This is somewhat similar to https://www.insider.com/van-halen-brown-m-ms-contract-2016-9 https://www.insider.com/van-halen-brown-m-ms-contract-2016-9