TNW | Investors-funding
Nik Storonsky says VCs can be ‘dangerous’, so Revolut’s board has none
Revolut’s Nik Storonsky tells founders to give investors no votes and no board seats. A fight with one investor led him to start QuantumLight, a fund run by machine learning.
By TNW | Investors-funding
Excerpt shared by Lazyfounder
·Excerpt
Revolut chief executive Nik Storonsky has pushed venture capital investors off his company’s board, one funding round at a time. He wants other founders to keep VCs out of the boardroom too, he told David Senra in a podcast interview.
Storonsky compared VCs on boards to football cheerleaders who try…
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