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Cynicopedia
Digital ExistentialismEuphemism

Founder-Friendly

FOWN-der FREND-leeadjective

What it means

Describes investment terms that insulate the founder from the consequences of a failure everybody else absorbs.

What it actually means

He gets paid either way.

How it is used in a sentence

"The round was structured to be founder-friendly."

Filed under

Digital Existentialism — Ideas that were briefly worth billions, explained by people who are briefly employed.

Euphemism — The phrase hides something specific. We decode it.


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Related entries

Founder Mode

Digital Existentialism

FOWN-der mohdnounBafflegab

The practice of reasserting control over a company you already control, usually by firing people.

Real meaning

The board and I disagree.

Exit

Digital Existentialism

EG-zitnounEuphemism

The moment founders are paid for the company's potential, which was always the only part of it that existed.

Real meaning

We sold before it had to work.