What Happens When a Founder Is Fully Vested?
What a strange perspective.This piece seems to assume that founders of a company are just some kind of super-employee of the VC that are only going to be around so long as they are getting regular compensation.That isn't how it's supposed to work. The founder has to believe they create the value. They don't work to get grants of stock, they work to increase the value of the stock. They created all the stock in the first place!If they think that they could just hire someone else to do their job and everything would just turn out the same then what the hell did they even found the company for in the first place?The way VC is set up in the valley has warped peoples understanding of what a business even is.