Hacker News new | ask | show | jobs
by gbear605 1022 days ago
Technically a VC with less than 50% control can’t do anything to you, so as long as you keep 51% and never sell or liquidate then it’s free money. In practice, they wind up pressuring you to do those things and then they get their money back.
1 comments

That's my point, when taking a loan you know upfront the cost, but when raising money you can't know what it really takes