
Outside Money is Plan Z
REWORK
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Fund Raising Is Draining
The focus becomes so much more on raising more money and spending that money that you're actually not building a business at all. The incentives are alligned quite a bit differentlyth traditional venture sort of deal. Jeff basos bought a small piece of the business in two thousand six six, but he didn't really put money into the business itself. So jeff's taking money off the table also, while still retaining ownership. There has not been no cashing out from Jeff or jason since we bought the minority stakes 15 years ago.
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