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steve8918
on Oct 1, 2011
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VC Decries Airbnb’s Recent Funding for Founder Con...
Taking money off the table implies selling their stake, ie. shares. They didn't sell their shares. They gave themselves a one-time dividend.
staunch
on Oct 1, 2011
[–]
You're right that selling shares is far more common, but the concept is the same. The founders raised an extra $20 million so they could sock it away themselves.
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