Chapter 10. The Exit
How Can You Remove the Venture Capital Company?
The Way to Own It All.
There has always been a love–hate relationship between the venture capitalist and the entrepreneur. Most venture capitalists are frustrated entrepreneurs. They will watch you make a great deal of money and sometimes they will be envious of your success. Most entrepreneurs, on the other hand, love their venture capitalist the day they receive an infusion of cash from the VC fund, but some years later, when the venture capitalist is able to cash in the equity ownership and make ten times the investment, the entrepreneur is apt to believe the venture capitalist made too much money. After all, the only thing the venture capitalist did was put in money. Another ...