benn.substack • 559 implied HN points • 01 Mar 24
- If you're a visionary founder who raises a lot of money and then sells shares for personal gain before mismanagement leads to the company's downfall, VCs will prioritize your ability to grow and persuade over your financial choices.
- In the world of venture capital, making money often trumps moral values, with investors backing those who are monetizable rather than necessarily 'nice.'
- While secondary sales by founders may raise concerns about focus and fairness to employees, making them transparent to the entire company could help ensure accountability and address potential disillusionment.