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> On the contrary, I argue that it WAS worthless The founder continued running the company with part time contractors and blogged about their profitability. It
by PragmaticPulp 6y ago
> On the contrary, I argue that it WAS worthless
The founder continued running the company with part time contractors and blogged about their profitability. It wasn’t worthless.
- virgilp 6y agoThe founder might've earned more at a FAANG or different companies, just like the other early employees presumably did. He didn't contact the investors to buy them out for $1 - the investors did, because the tax cut was worth more to them by that point.