“They'll take out dividends and distribute to us based on our percentage of ownership.”
RW
Rob Walling
Practical Founders Podcast ·
“Having the controls in place to aggregate that ownership for you and be able to flag it… when the ownership does cross that 50% threshold”
Cathy Nugent · The RegTech Pulse · Preparing for the (Re)Introduction of the BIS Affiliates Rule
Play from 10:56
10:56
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What was described
implement a system that aggregates ownership percentages across multiple owners to automatically flag when combined ownership exceeds the 50% threshold
50%
Said nearby on the same subject
“You have to keep going down through the whole ownership hierarchy and have that captured somewhere in your KYC system”
GV
George Voloshan
The RegTech Pulse ·
“I have a system and… open book management. I know my numbers, my goals, I see my P&L and I get to have ownership.”
♫
Said on The Wash Exchange
“When you’ve scaled something to production… generating $100 million… ownership starts making sense…”
♫
Said on This Week in Startups
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