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Raising money in the bubble doesn’t do anything if you can’t liquidate from the company with good terms and you’re paid a startup founders salary right?
by racketracer 7y ago
Raising money in the bubble doesn’t do anything if you can’t liquidate from the company with good terms and you’re paid a startup founders salary right?
- chii 7y agoWeWork begs to differ - get the highly funded startup to purchase your own property/contracts to extract the value out of the startup and into your own pockets. Then when the economy/startup tanks, leave and let somebody else pick up the pieces.
- aabhay 7y agoIn a bubble, your terms and leverage as a founder are better, including self-comp, voting shares, and funding runway. Raising money is always risky (hence the barbell), but you have unlimited optionality compared to a desk jockey.