Stu Sjouwerman
👤 SpeakerAppearances Over Time
Podcast Appearances
They bought 20% of the, uh, and so they now own 24.
Um, no, because really we wanted their help.
Um, who was it?
A company called Elephant.
It's a debut fund in New York.
I'll find something else.
My business partner is Kevin Mitnick.
Because he's the world's most famous hacker, that's all.
That's helpful.
Google him, Kevin Mitnick.
Anyway, four years ago, I said, listen, I can own...
100% of a muffin, or I can own 50% of a really big pie.
So I got in touch with Kevin, and I said, I'll give you half the company in exchange for your 30 years of hacking experience.
So we did that.
So by the way, the company is not that painful.
I don't know.
When you said 10%, that was true for the both of us.
So if you look at the cap table, which is really what you're asking about, Elephant, our VC, owns 24%.
Kevin owns just under 30%.
I own just under 30%.