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How is His Net worth 400 million?

Tourmaline

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Kak

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He should have kept more equity. Simple.

This is an action that actually robs the business of potential growth. It is just being greedy with the wrong number. What matters is personal wealth, not how much of a business you own.

Name any well known billionaire entrepreneur... They all brought on OPM. How much of Microsoft does Gates own? How much of Apple did Jobs own? How much of Tesla does Musk own? How much of Amazon does Bezos own? How much of Facebook does Zuckerberg own? How much of Berkshire does Buffett own?

Looking at the companies that never take OPM... Most of them never transcend the "small business" owner operator category.

Everyone wants to build the next billion dollar business, but they don't want to do what most of them do, take investor money. It is possible without OPM, but not likely.

The fact remains, well capitalized business beat bootstrapped businesses the vast majority of the time. It absolutely can be concluded that it is better for your own personal wealth to not only sell your product or service, but to also sell financial opportunity to others.

In this case... The selling of equity could have meant the difference between the powerhouse that is vitamin water, and never once hearing the name.
 
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Champion

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400M!!! I'd like to know someone in this forum who made that much money lol and still we have people who think they know better :D
 

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