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Taking money off the table implies selling their stake, ie. shares. They didn't sell their shares. They gave themselves a one-time dividend.
by steve8918 15y ago
Taking money off the table implies selling their stake, ie. shares. They didn't sell their shares. They gave themselves a one-time dividend.
- staunch 15y agoYou're right that selling shares is far more common, but the concept is the same. The founders raised an extra $20 million so they could sock it away themselves.