If investors have liquidation preference (https://www.investopedia.com/terms/l/liquidation-preference.asp https://www.investopedia.com/terms/l/liquidation-prefe

If investors have liquidation preference (https://www.investopedia.com/terms/l/liquidation-preference.asp https://www.investopedia.com/terms/l/liquidation-preference....), founders (and employees, etc) can get zero.