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VCs actually have a solution to this incentive mismatch: when you ask a not-yet-wealthy founder to swing for the fences (which typically happens during an inves
by shawndrost 12y ago
VCs actually have a solution to this incentive mismatch: when you ask a not-yet-wealthy founder to swing for the fences (which typically happens during an investment round) you invite them to take some of the investment money out of the company and into their personal accounts.