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> I believe in the owners ability to continue being profitable. Cynical thought: Do you trust the owner enough to not sunset that LLC and "continue being prof
by bigiain 7y ago
> I believe in the owners ability to continue being profitable.
Cynical thought: Do you trust the owner enough to not sunset that LLC and "continue being profitable" under a new legal entity, if they think the 1.5% equity you refuse to sell back is going to be worth 10x or 100x what they're offering you right now?
- dm03514 7y agoThat's one of the first things I thought about :) Not much friction for him, his customers will def follow him around, the only friction will be from the legal part of it and the rebranding ahh
- CyberFonic 7y agoI think that the costs of liquidating and reforming would cost far more than $4500. A 1.5% stake can be easily diluted in value by issuing more stock.
- bigiain 7y agoThat's assuming the other guy doesn't already know he'll get "far more than $4500" by liquidating. (Perhaps there's an offer on the table for a significant multiple of $300k and/or an acquihire, where he's already told the buyer he can sell them 100%?)