TLDR Founders · MISCELLANEOUS

FOUNDERS, DO THE SECONDARY SALE

benn.substack.com7 min read

Summary from the TLDR Founders newsletter

Should startup founders be permitted to cash out? Employees, not investors, should decide if it's fair for founders to profit from secondary sales and have the opportunity to sell their shares. Ultimately, company insiders should be the ones to determine whether the founder's compensation is reasonable.