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thanks Though he almost certainly got cash before too -- DST bought $800m of shares in 2011: half new shares, half from founders and employees http://www.merc
by x0x0 11y ago
thanks
Though he almost certainly got cash before too -- DST bought $800m of shares in 2011: half new shares, half from founders and employees
http://www.mercurynews.com/wiretap/ci_18596988?source=rss http://www.mercurynews.com/wiretap/ci_18596988?source=rss
plus he had 23.4mm shares pre-ipo
http://www.businessinsider.com/the-folks-cash-flushed-from-twitters-ipo-2013-10 http://www.businessinsider.com/the-folks-cash-flushed-from-t...
And why would he have to sell shares during the ipo? As far as I understand, he should have had virtually no expenses, assuming he (as all founders should) did an 83b election early on.