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by zanek 1604 days ago
yea, that's my biggest fear right there (in terms of raising money). I doubt he walks away with anything after pouring his life into the company for years. I get that they raised $15 million, but to lose your code, company and time is horrible. He ended up being powerless at his own company
2 comments

Agreed. We all celebrate the big raises and never talk about the very significant potential downsides of those raises for both founders and employees when things don't go well.
Right, that sucks, but he signed up for it by taking VC money.