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Or exercise their Board powers and fire the CEO when push comes to shove. Nobody spends millions of dollars on something to make themselves powerless in it.
by potatolicious 12y ago
Or exercise their Board powers and fire the CEO when push comes to shove.
Nobody spends millions of dollars on something to make themselves powerless in it.
- deleted 12y ago[deleted]
- argonaut 12y agoThat's what the parent poster is getting at. In SV, most founding teams retain control after a seed financing, and many continue to retain control after a Series A.