article thumbnail

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. I raised $500k in seed money to start the company. By then I was still on the board of my first company but it hadn’t yet sold (it ended up selling in 2007 to a publicly traded French company).

Founder 329