What's the right discount governance philosophy when the founder-CEO is also fundraising — should board investors or future CFOs have input on the approval matrix?
TL;DR: When the founder-CEO is actively fundraising a round at $3M-$50M ARR, the right discount governance philosophy is tighten, do not loosen — the fundraising window is exactly when discount discipline must be most visibly enforced, beca…
Read full answer ↗