Whose Company Is It Anyway? Differences between Founders and Hired CEOs
OPEXEngine
JUNE 16, 2020
However, as soon as a founder/CEO raises venture capital (VC) they have decided to take investing partners along on the journey. However, VC investors are material shareholders, typically negotiate the contractual right to sit on the board of directors, and have certain governance and fiduciary duties as a part of sitting on the board.
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