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> Once the startup takes investor funding, it’s irrelevant what those inside the startup want. It really depends on the ownership structure, and that will depe
by jdsully 4y ago
> Once the startup takes investor funding, it’s irrelevant what those inside the startup want.
It really depends on the ownership structure, and that will depend on leverage at the time of fundraising. YC companies are unlikely to give up control until Series B (but like all things your mileage may vary).
- nonrandomstring 4y agoI don't know what the contractual structure entails, but I thought this recent post from R Bronson [1] is an exemplar of strategic investment in "good cause" projects without a nose for short term ROI, planned acquisition or any 'controlling' investor behaviours. [1] https://news.ycombinator.com/item?id=31598978 https://news.ycombinator.com/item?id=31598978
- jdsully 4y agoIf you don’t have leverage when raising money the opportunities to lose control are endless.