Eric Siu explains how growing companies attract more stakeholders and external influence. As you scale, a board may form and dilute your control, even if you keep the largest equity stake. Right now, without formal governance, you have strong control.
The larger you get, the more stakeholders you have, the more you're getting influenced by people, right? Just like the more people you have on your cap table, right? But for you, I think you're in a really good spot right now because you own the lion's share of the equity, right? You know, largely you don't have to worry about outside influence and that's, that's more power to you at the end of the day, right? You're not easily influenced as you are as a person. Also, you don't have any board or shareholder. You don't have a board, right? Not like a formal board. Okay. So yeah, there you go. May have one. I don't know. You probably will have one eventually. The larger you get. So.
