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by FireBeyond
4589 days ago
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Right. The founders were there five years, then pushed out during the dotcom crash, then the company made a substantial “pivot” (in the same field, but the product being offered and created by the founders was gone, and new ones introduced). Two years after the founders are gone, the company begins to make money again. Then 11 years, the company is sold for a lot of money. And the founders feel they are entitled to a large chunk of that, despite their non-involvement in operation of the company and their diluted ownership (unsurprising, but common with multiple rounds of financing that they were in favor of). It’s worth noting that many of the founders claims have been dismissed as egregious, lacking in evidence and otherwise. |
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