I can't imagine how shitty it is to have been harassed, and to then muster up the bravery to out the perpetrator, only for the harasser to continue to earn money on your work while they sun themselves on a beach somewhere.
I can't imagine how shitty it is to have been harassed, and to then muster up the bravery to out the perpetrator, only for the harasser to continue to earn money on your work while they sun themselves on a beach somewhere.
I'd estimate that Dave McClure's carry is worth $25m (assumptions: funds control 250m in investments, 20% carry, 2.5x returns, DMC has 20% ownership)
It would be tough to get an investor to agree to give up that carry. Maybe a lawsuit is a better approach to ensure they don't profit from their harassment.
However, whether a forced sale of a founder's equity share of the investing organization is warranted or not is a darker shade of gray than the divestiture of one's carried interest. Certainly there must have been examples in the past in various private investment funds where a founder is forced to relinquish one's ownership (due to fraud, etc.); I wonder where we deem this line to be drawn in the sand.
Are you advocating for the total abrogation of property rights, here ?
(PS although I answered your question directly, I did not miss the fact that you twisted my words to say something I didn't even come close to saying. Please don't do that)