Remove Management Remove Seed Money Remove Startup Remove Viral
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

The VCs basically have liquidity in management fees along the way, in the sense they get paid decently along the way. But more spend = more viral opps = more revenue down the road. >50% of our revenue in now viral. But the day after you’ll wake up and see yourself more as a manager than an owner.

Founder 329
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Get Off My Lawn! Crazy Kids and Their Sex, Drugs and Startup Advice!

This is going to be BIG.

There are too many people giving advice who have been through one or two startups, none of which grew into a huge company, got to profitability, or an IPO. The startup world, which is supposed to be tolerant of failure, rarely admits when failure occurs. But, managing your career? Alex got fired from his startup job.

Startup 161