5 ms·
What would be a normal percentage for a founder to keep in their company?
by OWaz 13y ago
What would be a normal percentage for a founder to keep in their company?
- PeterisP 13y agoIf you keep bleeding money and needing more cash influx to extend the runway - then the achieved (and appropriate) percentage rapidly goes to zero.
- deleted 13y ago[deleted]
- adventured 13y agoIt varies pretty widely, but Levie's number is on the low side historically for tech companies, particularly for such a relatively young company. Gates had 45% of Microsoft the day after their IPO. Larry Ellison still owns ~20% of Oracle. Google's founders still have ~10%. David Filo even still has around 9% of Yahoo (Yang & Filo had closer to 20% at the time of the IPO if I recall). Bezos still has around 18% of Amazon. When Dell IPO'd, Michael Dell still owned a huge percentage of the company at IPO, over 40% if I recall (he sold most of it high, which is why before they took Dell private, he was nearly worth more than the company).