Flipkart sold for $16 billion, but the founders got almost nothing.
After looking at 100+ startup deals, I found some toxic terms that hurt founders:
1. Liquidation Preferences: Investors get their money back first. If the sale price is low, founde
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Anonymous 5
Hey I am on Medial • 3m
Founders got almost nothing? DIdn't they become like billionaires from the sale?
0 replies
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Flipkart sold for $16 billion, but the founders got almost nothing.
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they didn't create companies, they created future.
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