Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO  —  Stewart Butterfield wanted to quit and give the money back to investors.  They wouldn't let him.  —  Stewart Butterfield loved the game, but not enough people agreed with him.

from Techmeme http://bit.ly/2ZIHLlQ