This CEO-Turned-Investor, Who Sold His Company For $500 Million, Thinks Founders Should Stop Giving Up So Much Equity. Here’s Why. Posted byCarey Smith July 14, 2021 Leave a comment on This CEO-Turned-Investor, Who Sold His Company For $500 Million, Thinks Founders Should Stop Giving Up So Much Equity. Here’s Why. Giving the good stuff away will only hurt you in the long run.