Moneywise

Five Founders, Same Exit Value – Wildly Different Payouts

69 snips
Dec 30, 2025
This discussion features Scott Galloway, a renowned entrepreneur and professor, and Alex Hormozi, a successful business strategist. They dissect the stark contrasts in founder payouts from similar exit values. Galloway reveals his experience of a $33M sale that netted only $2–3M due to taxes and equity splits. Hormozi shares how he gained $42M in prior distributions, surpassing his $31M exit. Insights on seller notes and tax implications underscore the complexity of these financial outcomes.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
00:00 / 00:00

Headline Numbers Mislead On Real Payouts

  • Headline sale prices often mislead about a founder's actual payout.
  • Ownership, deal structure, taxes and seller notes determine real take-home value.
00:00 / 00:00

Kept Half After Selling Majority Stake

  • Eran Galperin sold a majority stake in GymDesk yet kept nearly half the company.
  • He received about $30M on paper and accepted a seller note plus equity rollover and option-pool dilution.
00:00 / 00:00

Relocate Before A Sale To Lower State Taxes

  • Move residency ahead of a planned sale to reduce state income tax exposure.
  • Eran moved from California to Texas to avoid California taxing his exit.
Get the Snipd Podcast app to discover more snips from this episode
Get the app