Two founders can sell their companies for the same $100M and walk away with very different outcomes—one wealthy, the other barely breaking even. Why? It comes down to the capital stack.
Think of it like Jenga: pull from the wrong place early, and the whole structure collapses later. That’s why understanding your capital stack from the start is critical—for both founders and investors.
At The Founders Office, we’ve seen how this single decision can shape the future of a company. Watch the video for my take.