Re:MIT And Dropbox Alums Launch Inbox, a Next-Generation Ema...
by btown on Monday July 07, 2014 @03:26PM
(#8000795)
To elaborate on this point: if your current VCs aren't able to change your mind, and they get angry as a result, just their absence alone from future funding rounds will make it nearly impossible to get other investors interested. So they basically have you by a chain.
Re:MIT And Dropbox Alums Launch Inbox, a Next-Generation Ema...
by potatolicious on Monday July 07, 2014 @03:24PM
(#8000780)
Or exercise their Board powers and fire the CEO when push comes to shove.
Nobody spends millions of dollars on something to make themselves powerless in it.
Note: they're very good at the latter.