> You want to be in a position where if your investors ask you for something you can just ignore them.
What reasonable investor would put themselves in that position? They're just going to give their money away and not have any say in what happens?
What reasonable investor would put themselves in that position? They're just going to give their money away and not have any say in what happens?
This is the same position that every retail investor, every LP of a venture or hedge fund, every shareholder of a company where the founder controls a majority of voting stock, and every person with a pension or 401(k) puts themselves into. You could argue about whether that's a stupid thing to do, but it's the vast majority of shareholders within the world, so stupid or not, lots of people do take that bargain.