“We're selling 20% of the company. You get a board seat. You get information rights. You get pro rata. You get a million things. It's so much value. And we're only going to charge you $100 million for that”

TBPN · Matthew Prince on PHP2Shell, iPhone Duo Early Reactions, Meta Unveils New Class C Stock | Matthew Prince, Kevin Weil, MC Lader, Dillon Baxter, Richard Starson, Brian Manning

Play from 41:48
41:48

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

sell 20% of the company and include a board seat, information rights, pro-rata rights and other perks for $100 million

$100 million

Said nearby on the same subject

“As of Jan 1 I came off the Management Committee, I'm still on the Investment Committee, and I won't take new board seats as we sell companies.”
JA
James Andersen
Buyers and Builders ·
How they work Share this moment
“She was chairman of the board. She had, uh, voting rights that gave her, you know, something like 90% voting control of the company”
♫
Said on Hard Fork
Hard number 90% voting control Share this moment
“One of the most important ways we can communicate is something called the adult to adult. And when communicating, one of the things that the adult does is it asks a lot of questions, right? Because it seeks information. And the other thing it does is it uses questions to transfer information.”
GW
Greg Witts
The Perfect RIA ·
Why it worked Share this moment
“‘And the other is to stop selling people's private information.’”
♫
Said on Strict Scrutiny
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.