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by nedwin 4521 days ago
To reduce his risk.

Now he has a bunch of other smart people who have some skin in the game. They have motivation to help him succeed - which should encourage them to help him grow and eventually to find an exit of some sort.

He might be a multi-billionaire but that doesn't mean he's going to throw his money around on 6-packs of rolexes like all the other billionaires.