Naval Ravikant on VCs that replace founders with “bozo CEOs” If you want to build a truly great company, you must stay in control. Naval Ravikant explains it simply: The best businesses are built by founders who never give up. Investors who believe in you should back you all the way, not just when times are good. Smart founders are now protecting themselves—making sure VCs can’t fire them. The harsh truth? The day you lose control, you’re no longer a founder. You’re an employee. At Venture Hacks, Naval had a powerful tagline: "Valuation is temporary. Control is forever." Why? Because money comes and goes, but control determines your future. This is where many founders make a mistake. They chase higher valuations, not realizing that giving away control means giving away your dream. The takeaway? If you believe in your vision, structure your company to keep control. Raise money wisely. Pick investors who back YOU, not just the numbers. Never let someone else decide when your journey is over. Legendary founders don’t just survive. They own their destiny. Follow Vishu Bheda for more valuable startup insights from the world's best founders!
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