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This was actually forshadowed by pg in 2005[1]: The most dramatic change, I predict, is that VCs will allow founders to cash out partially by selling some of t
by DanielRibeiro 14y ago
This was actually forshadowed by pg in 2005[1]:
The most dramatic change, I predict, is that VCs will allow founders to cash out partially by selling some of their stock direct to the VC firm. VCs have traditionally resisted letting founders get anything before the ultimate "liquidity event."
[1] http://paulgraham.com/startupfunding.html http://paulgraham.com/startupfunding.html