It All Changes When the Founder Drives a Porsche
"I have worked hard to get my founders as little as $25,000 to pay off credit cards and student loans. Or, in a small deal that closed this week, I was able to get a founder the money so he can pay for his wedding and not have to worry about taking on debt."Am I the only one who finds this despicable, and probably bad business too? The one person in the company making the most sacrifices, taking the biggest risks and working the hardest is the one that can't even pay for his own wedding. Even when there are millions floating around in VC money.