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by JeffJenkins
4586 days ago
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The really short version is that the company sells (probably newly created) shared in exchange for money. The owners of the company are generally not selling their own shares. That would lead to serious complexity. If you want to know more, read Venture Deals[1]. It's very thorough and well written. [1] http://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitalis... |
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