
122: Hard clauses in a term sheet
Zero to Infinity
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How Should a Founder Think About It?
As a founder, what's in the sch is far more important than who's controlling the boat. In india, companies are not run by boats. Boards are rubber stap. As you go through the journey, as you start thinking about ipio, i would actually personally want to transition from a founder controlled board to an independent board. And that's where the new once lies.
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