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Jaime Calaf
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Control vs Ownership

The Cost of Casual Equity

June 13, 2025 by Jaime N. Calaf

When Lucas Botkin walked away from T.REX ARMS, it wasn’t because the business failed—it was because control slipped through his hands. This post breaks down what happened and why founders must protect their cap table at all costs.

Categories Business Tags Control vs Ownership, Entrepreneur Psychology, Equity Strategy, family business, founder lessons, Leadership Dynamics

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