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> Owning 33% of a company that is making millions, and is funded, but not sold for $100M, gives you a nice income and you work on something you like.

Odds are that your VC isn't going to see eye-to-eye with this approach.




Not sure where you get such a conclusion about all the myriad VC firms out there. Founders who are getting a nice income and are able to work on changing the world can do well for the company and its investors:

http://www.youtube.com/watch?v=u6XAPnuFjJc




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