No matter how independent you may be, consider this: optimize for personal gain vs risk. Sometimes that means letting go of control.
I know of a former public company CEO who, rather than being forced into taking an 8-figure cash golden parachute for stepping down yet retaining his stock, chose to buy his way up to a majority stake with his own capital. Macro forces soon took the company to bankruptcy.
I know of a former public company CEO who, rather than being forced into taking an 8-figure cash golden parachute for stepping down yet retaining his stock, chose to buy his way up to a majority stake with his own capital. Macro forces soon took the company to bankruptcy.