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"One fifth of Six Apart’s portion will go to executives Ben Trott (who founded the company with his wife, Mena), Andrew Anker and Jeff Ash. The rest is distribu
by drusenko 16y ago
"One fifth of Six Apart’s portion will go to executives Ben Trott (who founded the company with his wife, Mena), Andrew Anker and Jeff Ash. The rest is distributed among the rest of the Six Apart’s shareholders."
If my math is correct, that means the founder gets $3.9M * 1/5 * 1/3 * 0.75 = roughly $200k post-tax.
Ouch.
- nikcub 16y agoI can't find the source right now, but I remember it being mentioned that the founders took some cash off the table during the first big funding round.
- nostrademons 16y agoSucks for the investors. $22M in and less than $3M out.
- n2linux 16y agoWould that number be any less if Six Apart took the $2M bridge loan?