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A Norwegian startup founder faced challenges as greedy investors took 66% of the cap table for $3 million, making the startup uninvestable. The investor base owning more than the founders raised concerns about equity distribution.
.@Haje at @TechCrunch spoke w/ a Norwegian startup founder running an extremely promising business, where greedy investors took 66% of the Cap Table for only $3M raised. That made his startup pretty much uninvestable. Why + what can be done. https://t.co/Mmhy2aw5Yd #NordicMade
New report confirms Europeโs tech investment doldrums, but there are signs of life: https://t.co/elkmKI0dx8 by TechCrunch #infosec #cybersecurity #technology #news
Founders should be majority owners of the company they are building. Itโs in the best interest of the founder, the company, and its investors too. Chatted with @Haje @TechCrunch on the causes and consequences of cap tables gone wrong. Great article with input from @hunterwalkโฆ https://t.co/evT7jhGwfw
