Ask HN: Will you please screw me? VC style.

#1

Post by ggruschow » Wed, Jul 01, 2009, 8:00 PM UTC

You know that nightmare VC scenario people talk about where their executive team takes over, and kicks the founder out with nothing but a minor stake in the company or demotes them into a minor role like "lead scientist"? Is there a way to skip straight to that? Is there some flavor of consultant you can hire to do that?

I don't need capital, but I want to run another business like I want to chew off my big toes.

Re: Ask HN: Will you please screw me? VC style.

#2

Post by mbrubeck » Wed, Jul 01, 2009, 8:12 PM UTC

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

Re: Ask HN: Will you please screw me? VC style.

#3

Post by [deleted] » Wed, Jul 01, 2009, 9:09 PM UTC

[deleted]

Re: Ask HN: Will you please screw me? VC style.

#4

Post by ggruschow » Wed, Jul 01, 2009, 11:13 PM UTC

mbrubeck wrote: post #2

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

You wanna buy a sweet business?

Re: Ask HN: Will you please screw me? VC style.

#5

Post by rms » Wed, Jul 01, 2009, 11:44 PM UTC

ggruschow wrote: post #4

mbrubeck wrote: post #2

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

You wanna buy a sweet business?

I'll start the bidding at 5k as long as your balance sheet is positive.

Re: Ask HN: Will you please screw me? VC style.

#6

Post by bored » Thu, Jul 02, 2009, 12:32 AM UTC

ggruschow wrote: post #4

mbrubeck wrote: post #2

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

You wanna buy a sweet business?

Only if by "sweet business" you're implying that I can eat it, then yes.

Re: Ask HN: Will you please screw me? VC style.

#7

Post by ggruschow » Thu, Jul 02, 2009, 12:35 AM UTC

rms wrote: post #5

ggruschow wrote: post #4

Earlier quoted context omitted.

You wanna buy a sweet business?

I'll start the bidding at 5k as long as your balance sheet is positive.

Well shoot, how many businesses do you want?

Re: Ask HN: Will you please screw me? VC style.

#8

Post by ggruschow » Thu, Jul 02, 2009, 12:50 AM UTC

mbrubeck wrote: post #2

You have at least two options: Sell the business to someone who wants it, or hire someone to replace you as president/manager/CEO/whatever.

More seriously, have you hired a president/CEO? I never have, and I've only been around for a couple being hired.. Can't say that either went particularly well. Is there some reason to expect it's an easier problem than "find a cofounder"?

Re: Ask HN: Will you please screw me? VC style.

#9

Post by rms » Thu, Jul 02, 2009, 2:34 AM UTC

ggruschow wrote: post #7

rms wrote: post #5

Earlier quoted context omitted.

I'll start the bidding at 5k as long as your balance sheet is positive.

Well shoot, how many businesses do you want?

From your comments it sounds like the business involves manufacturing of some kind and I did go to school for that. Your email isn't in your profile and I would be interested in talking at least. Send me an email.

Re: Ask HN: Will you please screw me? VC style.

#10

Post by fatty » Sat, Jul 25, 2009, 10:04 PM UTC

i'm interested in your business. how can i contact you?