Detailed text transcripts for TV channel - MSNBC - 20140118:10:34:00
>> reporter: not knowing the intricacies of distributing equity, they didnt exactly do it right. once again, they didnt value the company, but they believed it still wasnt worth much. >> equity didnt have a concrete meaning for me. so signing the paper was like oh, im officially on the team. >> reporter: and they didnt dilute the current owners proportionally. they each gave up 1 percentage point to stephanie which hurt dan who owned less. >> at the time it felt right, reflecting back, i probabl...
The Company Distributing Equity Didnt Havea Concrete Meaning Wasnt Worth Entrepreneur David Simnick Stephanie Decision
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