Comments on: Founders: Do you want to be Rich or King? http://mvmpartners.com/blog/2008/04/01/founders-do-you-want-to-be-rich-or-king/ Advice for entrepreneurs on how to build and finance a start-up. Thu, 28 Aug 2008 14:29:55 +0000 http://wordpress.org/?v=2.6.1 By: Prashant Sachdev http://mvmpartners.com/blog/2008/04/01/founders-do-you-want-to-be-rich-or-king/#comment-1822 Prashant Sachdev Tue, 08 Apr 2008 05:42:41 +0000 http://mvmpartners.com/blog/2008/04/01/founders-do-you-want-to-be-rich-or-king/#comment-1822 I kind of agree with these thought but to me it seems like "Rich" is not the right word. If all you wanted is to be "rich" and hence you build the company, you obviously would keep more control and equity stake too. I kind of would like to put them in these two words "building" Vs "king" / controlling themes. If you concentrate on "building the company", you will select the second option in each of the three cases which will be +ve to investors and also for the company. I have heard this from VC often in various conferences, but entrepreneurs still have to learn them well. But, yes when you go building the company venture way, you need to have the "rich" theme in mind as VCs are mostly thinking about exiting in 5-7 years time frame and so should you! which is a bit confusing... I kind of agree with these thought but to me it seems like “Rich” is not the right word. If all you wanted is to be “rich” and hence you build the company, you obviously would keep more control and equity stake too. I kind of would like to put them in these two words “building” Vs “king” / controlling themes.

If you concentrate on “building the company”, you will select the second option in each of the three cases which will be +ve to investors and also for the company. I have heard this from VC often in various conferences, but entrepreneurs still have to learn them well.

But, yes when you go building the company venture way, you need to have the “rich” theme in mind as VCs are mostly thinking about exiting in 5-7 years time frame and so should you! which is a bit confusing…

]]>