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How VCs Turned My Startup Into A Nightmare

Here’s a tale one rarely hears anymore in the media. It’s about the downside of raising money from outsiders–in this case from a venture capital firm. Entrepreneurs rarely think about the downsides of allowing investors in who typically secure control of the board and almost always retain the right to fire the founder(s).

There’s no free lunch as they say. This site has more horror stories about entrepreneurs being shafted by venture capitalists.

Read the story here.

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