Ask HN: Will you please screw me? VC style.

Posted by ggruschow on Wednesday July 01, 2009 @04:00PM
from the ask-hn dept.

You know that nightmare VC scenario people talk about where their executive team takes over, and kicks the founder out with nothing but a minor stake in the company or demotes them into a minor role like "lead scientist"? Is there a way to skip straight to that? Is there some flavor of consultant you can hire to do that?

I don't need capital, but I want to run another business like I want to chew off my big toes.

( 8 comments | 7 points | on HN )

Re:Ask HN: Will you please screw me? VC style. by mbrubeck on Wednesday July 01, 2009 @04:12PM (#683287)

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

[ Parent | on HN ]

Re:Ask HN: Will you please screw me? VC style. by ggruschow on Wednesday July 01, 2009 @08:50PM (#683653)

More seriously, have you hired a president/CEO? I never have, and I've only been around for a couple being hired.. Can't say that either went particularly well. Is there some reason to expect it's an easier problem than "find a cofounder"?

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Re:Ask HN: Will you please screw me? VC style. by ggruschow on Wednesday July 01, 2009 @07:13PM (#683545)

You wanna buy a sweet business?

[ Parent | on HN ]

Re:Ask HN: Will you please screw me? VC style. by bored on Wednesday July 01, 2009 @08:32PM (#683636)

Only if by "sweet business" you're implying that I can eat it, then yes.

[ Parent | on HN ]

Re:Ask HN: Will you please screw me? VC style. by rms on Wednesday July 01, 2009 @07:44PM (#683582)

I'll start the bidding at 5k as long as your balance sheet is positive.

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Re:Ask HN: Will you please screw me? VC style. by ggruschow on Wednesday July 01, 2009 @08:35PM (#683640)

Well shoot, how many businesses do you want?

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Re:Ask HN: Will you please screw me? VC style. by rms on Wednesday July 01, 2009 @10:34PM (#683748)

From your comments it sounds like the business involves manufacturing of some kind and I did go to school for that. Your email isn't in your profile and I would be interested in talking at least. Send me an email.

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Re:Ask HN: Will you please screw me? VC style. by fatty on Saturday July 25, 2009 @06:04PM (#723750)

i'm interested in your business. how can i contact you?

[ Parent | on HN ]