Why Uber is The Revenge of the Founders
Steve Blank
OCTOBER 24, 2017
For three decades (1978-2008), investors controlled the board. 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. . — all great things when you are executing and scaling a known business model. Board Control. Some have no cliff.
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