That was totally a shocker, and I was scrambling how to react; I called the board and explained what had happened. The board lost confidence in me since this was a breach of trust.
Our investors tried to take over by getting another board seat. I had to fight back and somehow rebuild that confidence that I will build the company back. Luckily, we diluted only 9 percent of the company at that time, so I still had a lot of control.