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by z3t4
3598 days ago
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Musk owned like 11% of Paypal once it sold for 1.5B, while Zuckerberg owned around 20% of Facebook when it IPO:ed for like 5B. The takeaway though is that it's better to own 10% of one Billion then 90+% of nothing. And great things can only be achieved while working together. |
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[1] "Biggest mistake ever was not to do the Series B round at Facebook," http://www.businessinsider.com/peter-thiels-bad-investment-2...
Equity in Startups - Cap tables at IPO
https://news.ycombinator.com/item?id=2134116