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17 person board. Are there other examples of startups that have been taken over like this with a successful outcome?

Lots of examples of investors succeeding in diluting a founder's power in their own startup.

One person's takeover is another person's power restructuring.

EDIT: Tesla is a good example (Elon Musk pushing Martin Eberhard out).

The question was are there any that are successful for the startup [longterm]?

Apple is an example that comes to mind although the outcome isn't exactly successful. They nearly went bankrupt before they acquired NeXT to bring back Jobs.

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