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by nl
3909 days ago
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A lot of these companies are taking VC money to pay out the founders and/or early employees. Atlassian is a good example[1]. Early employees sold their shares directly to the VC fund - none of the money went to the company. That's pretty common - in the couple of years before Facebook float VCs were buying their way in anyway they could. [1] http://www.smh.com.au/it-pro/business-it/atlassian-valued-at... |
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