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2x startup Founder & CEO who has gone to the Dark Side of VC. His first company, BuildOnline was sold in 2005, his second, Koral was acquired by Salesforce.com and became known as Salesforce Content, while Mark served as VP Product Management. In 2007 Mark joined GRP Partners in 2007 as a General Partner.  He focuses on early-stage technology companies, usually looking at Series A investment, and blogs at the aptly titled Both Sides of the Table.

One response to “Should Founders Be Allowed to Take Money off the Table?”

  1. James

    Immediately made me think of the case of Spot Runner and the two cofounders and the president who took out 54 million of the 111 million raised and brought the company to it’s knees.

    I don’t think anyone would have an issue if founders take 2-3% off the table but when it’s 50% plus a million plus salary a year each it sucks. No other way to put it

    Nick Grouf and David Waxman are evil