[mikkelewis]

Wow, the founders still hold a combined 75% of equity.

[nostrademons]

It really helps to not need funding when you go to seek funding.

[danieltillett]

Yes this is what happens if you grow slowly rather than at the usual VC recommended pace.

[caseysoftware]

That was my reaction too. Over 80% of the company is still in the hands of the executives, directors, etc. That is amazing and even a relatively modest (by current standards) IPO will mean a huge windfall for many of them.