But did you see the bit about preferred investment shares? An "ok" return may be ok for the VC, but it could leave the founders and options-holding employees wi

But did you see the bit about preferred investment shares? An "ok" return may be ok for the VC, but it could leave the founders and options-holding employees with very little (or nothing). Contrast this to a bootstrapped company. In that case, an "ok" return can be pretty good. If you're bootstrapped and you own 40% of the company, a $5 million sale is pretty great.