Should Founders Be Allowed to Take Money off the Table?
Both Sides of the Table
SEPTEMBER 2, 2009
The VCs basically have liquidity in management fees along the way, in the sense they get paid decently along the way. The net effect for [my company] for example is we are now doing reasonably well. I know that eventually if your company is out of cash and you need the money you’ll take it even on punishing terms.
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