Matt Prados
speaker
467 appearances
2 recordings
1 series
first heard Oct 2022
last heard Feb 2024
Matt Prados’s voice in public audio — every appearance, attributed to the second.
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Appearances
$2 million, $20 million.
I mean, it depends how much you want to take off the table.
So what we found is because we were only willing to do like a 20% deal,
They weren't getting as much skin in the game.
They didn't really like they don't love the secondary amount, even though they all say on their website they love giving you liquidity.
They don't.
They want you to be, you know, tied to the game and, you know, not go off and be distracted.
So it depends.
And you probably get more favorable secondary if you do more than 20 percent.
That was probably one of the hardest parts of our ask is where, you know, they had a lot of problem with that.
Pay a lot of fucking taxes.
Uh, I actually didn't even look at the company by background.
You know, I just, again, I don't play in the, in the venture world.
So I'm, I look at things, what's the simplest thing?
Like I have shares, you're going to buy them.
I'm going to take the money.
And that was just kind of the thing.
Nobody brought it up.
So is it, is there some tax advantage to that strategy?
Yeah.
Showing 381–400 of 467 · page 20 of 24
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