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Comment by rco8786 | Hacker News Reader
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rco8786
·
Jack owns ~24% of the company. It is just his equity.
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flintchip
·
Yes, but 10% of 100% is a lot more than 10% of 24%.
rco8786
·
It was reported that he would be giving up 30-50%(now
at least
50% apparently) of his own stake. Which comes out around 10% of the entire company, depending on what number is actually correct.
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