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Episode 46: Blue Bottle Coffee
Acquired
Nestle's Acquisition of Nestle
The founders keep all their shares. Was there a little bit of secondary there where they took money off the table? They had have taken something, right? Like they had to. There had been some secondaries along the way. So I actually don't know in this case whether Nestle paid out anything to any of the employees. But if you're going to do it in this manner where you're not acquiring the entire company, I love the idea of it running independently and the founders still having a ton of skin in the game.
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