And if it fails? It's obvious that founders prefer to keep more of the company, ... | Hacker News

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klochner on March 24, 2014 | parent | context | favorite | on: CEO Aaron Levie Will Only Own 4.1% Of Box When It ...

And if it fails?

It's obvious that founders prefer to keep more of the company, however tortured of a phrase you use to express it.

not_that_noob on March 24, 2014 [–]

The game is to minimize investment, not starve the company of it. If it's clear it isn't on a hockey stick, then best to not stuff the pig, get diluted to almost nothing, and then sell for a low number. It's a judgement call.

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