Mailchimp: The $12 Billion Email Giant
Founder's Journal
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Malchimp
Malchimp has participated in this concept of profit sharing for years. Up to 19% of employees annual salaries being put into their four o one k each year. Hundreds of millions of dollars have been contributed through this profit sharing programme over the last several decades. As a bootstrap business, you oftentimes don't know if you sell, or if you want to sell in the future. And so basically, employees would be holding on to stock for 30 plus years with no way to turn it into cash.
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