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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

SEPTEMBER 2, 2009

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.

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Founder Liquidation Preference Term Sheet Participating Preferred 329
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Blitzscaling Creativity with DALL-E

Reid Hoffman

JULY 20, 2022

To see this in action, consider the DALL-E images that go viral on Reddit and Twitter. When my co-founders and I launched LinkedIn thirteen years later in 2003, none of our users had jobs like “social media manager,” “TikTok influencer,” or “virtual reality architect” yet.

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Warrant Artificial Inteligence Social Media Early Stage 44
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