Should Founders Be Allowed to Take Money off the Table?
Both Sides of the Table
SEPTEMBER 2, 2009
I raised $500k in seed money to start the company. The very modest salary that I drew didn’t come anywhere near meeting my monthly costs so I had to eat into savings. Many term sheets ensued. I had that against the backdrop of several term sheets. year old boy and another one due in 1 months.
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