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barchar • today at 1:26 AM • 1 reply • view on HN

Well, you probably need to be doing extremely well to get to IPO in a situation where that structure is a possibility.

It's not really surprising that companies that print huge amounts of money with fairly little need for funding do well.


Replies

marcus_holmes • today at 2:35 AM

It's the counterfactual that is interesting. How well could this company have done in the other timeline where the founder didn't retain all that control?