Hacker News Reader

Please review the site guidelines and stick to the rules when posting to HN. Note this one:

Have curious conversation; don't cross-examine.

We detached this subthread from https://news.ycombinator.com/item?id=25045906.

The employees got paid the wage they agreed on, too. How much more of the sale do you think they should have been given?

It seems very strange to me that their investors went "you know what.. its only money.. we'll take a loss so you can retire." Was there some caveat that prevented them from taking their share?

A VC leaving money on the table out of the goodness of their hearts just seems inexplicable.

If it don't make dollars it don't make sense.

The founder usually carries the majority of the risk as well.

You people really don’t understand the concept of risk do you

From what I've seen here in the past, this is true. The weak, oft-repeated argument is that employees also assume risk and yada, yada, yada, while completely ignoring the fact that the risk assumed by employees statistically insignificant when compared to the risk assumed by founders.