4 ms·

Ask HN: Will you please screw me? VC style.

7 points by ggruschow 17y ago

You know that nightmare VC scenario people talk about where their executive team takes over, and kicks the founder out with nothing but a minor stake in the company or demotes them into a minor role like "lead scientist"? Is there a way to skip straight to that? Is there some flavor of consultant you can hire to do that? I don't need capital, but I want to run another business like I want to chew off my big toes.

mbrubeck 17y ago
You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.
- ggruschow 17y ago
  You wanna buy a sweet business?
  - rms 17y ago
    I'll start the bidding at 5k as long as your balance sheet is positive.
    - ggruschow 17y ago
      Well shoot, how many businesses do you want?
      - rms 17y ago
        From your comments it sounds like the business involves manufacturing of some kind and I did go to school for that. Your email isn't in your profile and I would be interested in talking at least. Send me an email.
  - bored 17y ago
    Only if by "sweet business" you're implying that I can eat it, then yes.
- ggruschow 17y ago
  More seriously, have you hired a president/CEO? I never have, and I've only been around for a couple being hired.. Can't say that either went particularly well. Is there some reason to expect it's an easier problem than "find a cofounder"?
deleted 17y ago
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fatty 17y ago
i'm interested in your business. how can i contact you?