3 ms·
A thought: Early partial cash-outs could in theory align founders' and investors' targets better. Once a founder gets enough money to get e.g. an okay apartment
by dirtyaura 15y ago
A thought: Early partial cash-outs could in theory align founders' and investors' targets better. Once a founder gets enough money to get e.g. an okay apartment, he might be more willing to take riskier moves, target really big and avoid acqui-hire offers.