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> We’re completely independent After taking $100 million of other people's money, were they born yesterday?
by vasco 4y ago
> We’re completely independent
After taking $100 million of other people's money, were they born yesterday?
- sytelus 4y agoNew way of founding allows founders to retain 100% control. Facebook and Google are examples in their early years.
- vasco 4y agoOwning voting shares is quite different from being independent. Investors had plenty of influence on those companies regardless of the founders setting up dual class shares. If you think a startup with investors operates the same way as one without, and that it can be independent the same way, I'm not sure what to say.