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ANGEL: Upfront’s Mark Suster on the power of alignment, setting reality, and raising capital | E1683
This Week in Startups
Is There a Conflict of Interest?
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CEOs can sell up to 15% of their position in a company, but not more than that. The easiest way to make it work is if a CEO wants to sell, they probably should offer it to rank and file. There's no such thing as a good or bad VC; the pool of VCs just maps what there is in the general population. And so I will tell you that there have been some bad behaviors for CEOs who never get public.
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