Hacker News new | ask | show | jobs
by lacker 6319 days ago
A VC contract does not "bind you into a period of servitude." You can always walk away and start a different company. The fact that Andreessen will support businesses that can't make money in the first 10 years is a good thing, not a bad thing. I'm sure he will also support business that make the founders rich immediately.
1 comments

> "bind you into a period of servitude."

A venture round contractually binds you, does it not? I mean that's the word they use - legally binding.

My cable TV contract is "legally binding" too. The servitude part is what you're wrong about.