Yes, and liquidation preference. A company can get sold for $1 billion and still... | Hacker News

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PopeDotNinja on Dec 17, 2019 | parent | context | favorite | on: Coders Programming Themselves Out of a Job (2018)

Yes, and liquidation preference. A company can get sold for $1 billion and still have 20-percent-owning founders who get $0 from the sale.

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