Ofo's fall shows why startups need to retain control

Early-stage companies are learning from Ofo’s failure and adding more terms and conditions to their fundraising contracts in order to prevent losing management control.

Ofo's fall shows why startups need to retain control

The rise and fall of bike-sharing businesses make a dramatic show, but start-up founders view it as a warning for their own business and are starting to change some of their fundraising terms.

Bike-sharing company Ofo gave us a perfect example of how things can go wrong when investors do not agree with the management team.

The Chinese start-up, best-known for its dockless yellow bikes, ran into serious cash flow problems and...

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