A clear risk of any funding involving a control shift but especially so when dealing with second- or third-tier VCs who are in it only for the money and have no

A clear risk of any funding involving a control shift but especially so when dealing with second- or third-tier VCs who are in it only for the money and have no reputation to protect. I have seen this happen as well with acquisitions in which the founders are assured that they will be able to earn out their main reward over time only to be terminated shortly after the closing. Legal protections (usually, for founders only and not for other employees) are available in both cases to help limit the damage but a surprisingly large number of founders are willing to forego them when they are assured in ever so reassuring tones that they can "trust" the party that will have control. Unfortunately, trust doesn't work in most such cases.