I am close friends with one of the founders. That friendship predates the company by several years. He did get a payout - I was with him when he pulled it out o

I am close friends with one of the founders. That friendship predates the company by several years. He did get a payout - I was with him when he pulled it out of his mailbox. A check for 32¢ for all the stock he had. I don't know the details, but I believe they did it via a redemption rights clause in the investment agreement. https://venturecapitalcareers.com/blog/redemption-rights https://venturecapitalcareers.com/blog/redemption-rights