Remove Liquidation Preference Remove Seed Money Remove Technology Remove Viral
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. However, without any liquidity at all for my cofounder and me, it makes more sense to grow more slowly and be profitable next year and stay there. In my first company I had to raise money in April 2001 or die.

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