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How to Be a Minority Shareholder in a Venture Capital Group
The board is your boss. The venture capital group is their boss because if they don't like what's going on they'll reseed a new board you know that. Your ownership position only represents potential upside if you resell it later or if they flip it out or something and you go with them when they are that your equity shares go out. In the meantime it represents potential cash flow if they distribute any cash at all to equity partners in situations like this they usually plow all the cash back inDon't they.