[k__]

Why would you even give up more than 49% of your company?

[sebmellen]

You might not realize that a 5% stake with two board seats is much more powerful than a 25% stake with one board seat. Corporate dynamics are weird.

[k__]

Ah, okay.

I think, in Germany it's different, sorry.

[sebmellen]

Ganz ok. Ist ja sehr verwirrend.

[rsweeney21]

It doesn't matter what % of your company you own. What matters is whether or not you control a majority of the board seats.

[texasbigdata]

Well....technically.... what matters is your ability to replace and/or appoint board members :)

[nradov]

Because you need the money and have a weak negotiating position. Not every startup is like Facebook.