Diluted Founders

  

It's a sad story. When Bob and Bleepnatz started their alien telecommunications corp, they owned 100% of the company together. But after 19 rounds of financing, when they finally went public for a billion dollars, they only owned 1.3% of the company so their stock was worth $13 million, combined or $6.5 million each, pre-tax.

They were massively diluted from the 100% ownership they started with.

Poor guys. At least now they know that nobody can hear you scream in space.

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