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Breaking down Rivian’s IPO & $100B valuation + DAO deep dive with OpenLaw’s Aaron Wright | E1324
This Week in Startups
Is There a Difference Between Low and Flamingo?
When you form the dow thereis a period in which people can join. But the only way to join after that is to buy somebody else out. In flamingo they let in new folks as part of that membership, usually at a higher price. So they don't make a direct profit, but it kind of recreases their share the unit,. The value of each unit in in thedo.
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