Built to Sell Radio cover image

Ep 306 Jay Gould - Once Bitten, Twice Shy: The (Real) Reason Jay Gould Sold Yashi for $33M

Built to Sell Radio

00:00

What I've Learned From Sequoi Capital

In my case, what it was is we created two classes of stock. We had class a, class b. I was in class a, and everybody else was in class b,. What we had was a ten to one vote over everybody else. Everybody else got one vote per share. We got ten votes per share. So i forget what the math is, but if we won't le down to like 20 centn %, i still have the majority over 51%. More tan 50 pe centof the votes are important for making key strategic decisions about the business. Do i want to raise more? do i want to take this off? And this will come up later. These s are

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner