The asymmetry of control between founders and VCs and their diverging interests can lead to conflict and opportunistic behaviors like firing a founder to cancel their unvested options, diluting founders and other employees, and forcing an exit when it is advantageous for VCs. There are methods to curb opportunism, but no one method alone is perfect.

VC control, founders control, opportunism, divergent interests, founders replacement,

Is there room for opportunism in startup governance?

How do the different interests and positions of different groups translate into actions?

Are there ways to prevent or constrain opportunism?