Viewing profile — Sohum

Thomas Was Alone and To The Moon. Both absolute masterpieces.

Fellow small phone fan. I've gotten a lot of mileage out of the smaller OnePlus phones designed for kids.

www.sohum.com

Curious question. If YC started today, with the exact same manifesto but in the current environment as opposed to the one in 2005, could they still have been as successful?

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So the founders who own majority of the company, can be outnumbered on the board and have little influence over "strategic tactical" decisions etc?

Thanks for all the answers ... I also found this which cleared up a few things. http://www.danshapiro.com/blog/2010/08/vc-insanity-economics...

Are there a pre-set number of board seats or can new seats be issued as new investors emerge? How did Mark Zuckerberg maintain control of the board, whilst still receiving huge VC …

That article was very informative. I still don't fully understand what a VC has to gain by eliminating the founders? So as long as the board is owned by non-founders, a sale can be…

But if the company sold for less than $5m, the founders would get nothing? Probably ignorance here, but if the company sold for less, say $4m are the founders now in debt for the r…

I've recently read stories of startups that became successful and were bought out for large sums, but the founders received little from the transaction. How does this happen? Also,…

Not sure how much this is worth, I only recently discovered Hacker News (and am 17 also), but if you're having trouble coming up with ideas, it's probably best to find a co-founder…