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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

If a company has reached a level of success, has been around for a few years and you believe the company has potential to break out into a much bigger company then you should let the founders take money off of the table. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329
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Marketing and Growth Lessons for Uncertain Times

ConversionXL

It can also keep your employees employed or help you retain your job—a modicum of security in uncertain times. These companies tend to over rely on reducing the number of employees. At the same time, the company contained its operating costs and came out of the recession stronger, bigger, and more profitable than it had been in 1999.

Marketing 121
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My 2020 Vision for Graduates: How to be Optimistic in Terrible Times

Reid Hoffman

In January 1995, it had around 100 employees. A few months later, it had 200 employees. One of those employees was a friend of mine, and when I heard him talk about what was going on there, I sometimes thought to myself, “Maybe I should try to get a job there too.” It was 1999. So how do you do this?

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The 3 Most Damaging Myths in Entrepreneurship

Up and Running

And then there are the people you owe money to, the people who owe you money, strategic allies, and your own employees. And my own company, Palo Alto Software, might not have survived the dot-com crash in 2001 if we’d had more money to spend in 1999. In the best businesses, every customer is a boss. That was a good lesson.

Oregon 121
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Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132
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In Silicon Valley, Founders Fight for Control

online.wsj.com

Andreessen Horowitz is telling entrepreneurs it prefers situations where the founders have controlling stakes, reckoning that theyll be better able to resist outside distraction and focus on making great products. One of its champions includes Jason Goldberg, the co-founder and CEO of online design retailer Fab.com Inc.,

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Scaling is Hard, Case Study: Akamai

Seeing Both Sides

With over $1 billion in revenue, 2000 employees and a market capitalization of over $6 billion, Akamai has become a role model for scalable start-ups. The first year of revenue (1999) was $4 million – a remarkable achievement. Despite the Internet bubble bursting, the company was able to generate over $160 million in revenue in 2001.