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When founders elevate cash, the objectives of their firm change. They need to now construct towards a giant exit, so their traders get a return on their funding.
However what if a founder needs to do issues in another way? Can they ever regain management?
That is what the cofounders of premium wellness model Rhone not too long ago did, engineering a deal to purchase out their largest investor. As phrase obtained round within the startup group, many founders reached out to ask how they pulled it off — as a result of these founders, too, want to regain some management they’ve misplaced within the identify of development.
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