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. I know that eventually if your company is out of cash and you need the money you’ll take it even on punishing terms. But the day after you’ll wake up and see yourself more as a manager than an owner.
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