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

7 points by ggruschow ↗ HN
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.

9 comments

[ 4.3 ms ] story [ 29.7 ms ] thread
mbrubeck
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.
ggruschow
You wanna buy a sweet business?
rms
I'll start the bidding at 5k as long as your balance sheet is positive.
ggruschow
Well shoot, how many businesses do you want?
rms
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.
bored
Only if by "sweet business" you're implying that I can eat it, then yes.
ggruschow
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"?
[deleted]
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fatty
i'm interested in your business. how can i contact you?