I know a lot of you are founders thinking about raising. Ever wonder what these
"IPO or bust" founders actually owned on IPO day?
Snowflake founder owned 3.4%, worth $1.1b
Salesforce - 31.6% worth $347m
Shopify - 14.6% worth $185m
Wix - 4.6% worth $35m
***but those were the BEST cases....
Wanted you guys to see first. Remember if you're trying to create
wealth/freedom, it's not always best to go VC raise --> IPO or bust route.
I know many of you sitting on $25m ARR companies, profiting $5m per year.
> You're making more over time in dividends
> keeping 100% of your biz
> have TOTAL freedom than all these IPO'd founders:
Sendgrid founder owned 6.9% at IPO, worth $10.3m
Ringcentral 19.6%, worth $19.1m
Brightcove 4.5%, worth $13m
Emailing out full report +excel w/ 60+ IPOs tomorrow.
Posted by Nathan Latka on Facebook
link: facebook.com/groups/965673390154514/user/1566720278/
"IPO or bust" founders actually owned on IPO day?
Snowflake founder owned 3.4%, worth $1.1b
Salesforce - 31.6% worth $347m
Shopify - 14.6% worth $185m
Wix - 4.6% worth $35m
***but those were the BEST cases....
Wanted you guys to see first. Remember if you're trying to create
wealth/freedom, it's not always best to go VC raise --> IPO or bust route.
I know many of you sitting on $25m ARR companies, profiting $5m per year.
> You're making more over time in dividends
> keeping 100% of your biz
> have TOTAL freedom than all these IPO'd founders:
Sendgrid founder owned 6.9% at IPO, worth $10.3m
Ringcentral 19.6%, worth $19.1m
Brightcove 4.5%, worth $13m
Emailing out full report +excel w/ 60+ IPOs tomorrow.
Posted by Nathan Latka on Facebook
link: facebook.com/groups/965673390154514/user/1566720278/
