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Business Case Studies #5: The $12 Billion Email Giant (Classic)
Founder's Journal
The Second Biggest Lesson From Mail Chimp's Assent as Be
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Maelchimp sold into it for 12 billion dollars. Ben chestnut and dan cursius each owned 50 % of mail chimp. 300 million dollars was given to employees as bonuses for the deal. 200 million dollars worth of restricted stock units was being issued by into it to mail chimp employees. Beyond that, 11 point seven billion dollars was paid out in stock and cash, evenly to the two owners of the business,. making ben chestnut anddan cursius multi billionaires each worth approximately five billion dollars.
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