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31 | The Hidden Risks of Minority Investments for SaaS Founders

Summary

SaaS founders often lean toward pursuing a minority deal when looking to raise capital because they believe it means they can maintain control of the business and take advantage of current growth and future upside in their equity ownership, but it’s not that simple. In this episode, managing directors Mike Lyon and Scott Austin unpack the common misconceptions founders have about minority deals, why they often come with more strings attached than expected, and how founders can help set themselves up for a better eventual exit.

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Modified on Aug 19, 2025