Why Uber is The Revenge of the Founders
Steve Blank
OCTOBER 24, 2017
A 20th century VC was likely to have an MBA or finance background. One last but very important change that guarantees founders can cash out early is “founder friendly stock.” This allows founder(s) to sell part of their stock (~10 to 33%) in a future round of financing. 4. Founder-friendly VCs.
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