SciFounders, an accelerator program and fund launched back in January with $6 million in backing, has a new proposition for the scientist founders who it looks to help run their own companies. It plans to give some of the teams it funds the voting rights that would normally come with its investment.
Why does it matter? Well, it’s a sign of the times in many ways. While venture capitalists have long been known for the many demands they make on founders, entrepreneurs have been sitting comfortably in the driver’s seat in recent years, with VCs doing whatever they can to stay top of mind, from opening new offices and creating their own editorial arms, to offering term sheets in record time and waiving fresh checks at founders almost immediately after they close a funding round.
But SciFounders co-founder Ma …
