VC anecdote: pre-IPO CEO asked investors to give back their shares

ctjlewis · x · 2026-10-11

@ganeumann shares an old story: the CEO of a company his firm had backed called before going public, asking them to voluntarily return some shares because he "had done all the work and all we did was put in money."

A classic anecdote on founder-VC tensions over who deserves credit.

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