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Between the two of them, they own less than 20% of the company. Is this a lot? Not in my opinion. They sold 80% of their company.
by TechBro8615 6y ago
Between the two of them, they own less than 20% of the company. Is this a lot? Not in my opinion. They sold 80% of their company.
- Tostino 6y agoIt's a pretty big pie that got baked, that <20% is quite a lot in the scheme of things.
- jkaplowitz 6y agoCompared to how much most VC-fueled founders would own at IPO stage, sounds like a lot to me.
- tgtweak 6y agoThey are also in the holding co
- ZephyrBlu 6y agoYes it is. Usually founders would only have a few percentage points at the tail end of things.