How can I prevent shareholders from taking over my startup?(quora.com)
quora.com
How can I prevent shareholders from taking over my startup?
http://www.quora.com/Venture-Capital/How-can-I-prevent-shareholders-from-taking-over-my-startup
1 comments
The top rated answer repeatedly makes the point that the entrepreneur must choose his investors wisely. The OP points out that the best way to have such a luxury is to be profitable early and then create a bidding war among potential investors. This will (hopefully) make it so that the entrepreneur will retain control over his board.
i find this an interesting idea.nothing succeeds like success