Re:First employee or co-founder?
by mattangriffel on Wednesday August 22, 2012 @06:50AM
(#4416741)
This is all ego. I know VCs that love giving away "co-founder" titles because they can often get away with giving less equity in exchange for the title.
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I'd sooner be called "janitor" and receive fair share than have a title and less.
But your point is depressingly common, especially with the Rocket Internet CEOs/co-founders who receive less than 5% for anything the Samwer Brothers try cloning.
How does a VC "give away a 'co-founder' title"? Investors don't set titles.
Re:First employee or co-founder?
by adrianscott on Wednesday August 22, 2012 @11:29AM
(#4417828)
they may have a role in selecting the CEO ;)