Oren Zaslansky
๐ค SpeakerAppearances Over Time
Podcast Appearances
And that number of shares doesn't change unless you sell them.
And if you sell them, then you have sold them.
But until you sell them, that, that numerator, so to speak, does not change.
The denominator of the firm is changing, right?
You're issuing new shares every time you raise money, but you have a certain number of shares.
Your job is to take it from a 10th of a penny, you know, when you found and you do your, hopefully 83B founders out there, do your 83B.
QSBS is real, at least for now, it may go away.
But, you know, you want that, you,
You really want that.
And your job is taken from a tenth of a penny to a penny, to $1, to $10, to $50, to $100, to hundreds of dollars if you can.
So I've hung on to that.
My percentage of ownership has gone down.
But what is hopefully helpful to some of your viewers and your listeners is I don't think about it anymore.
I really don't because I need capital.
I need capital to build this business.
We are not a traditional high margin SaaS firm.
but we're building something absolutely massive.
My job complexity is that we're a big business.
Hundreds of millions of revenue, hundreds and hundreds of employees need to double our headcount.
How many now?