Why Uber is The Revenge of the Founders
Steve Blank
OCTOBER 24, 2017
In 1995 Netscape changed the rules about going public. The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month). Some founders have three-year vesting. So how did we go from VCs discarding founders to founders now running large companies? Some have no cliff.
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