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Apr 24, 2024
12:17:28pm
Pasadena All-American
Yeah, I couldn't tell if he was saying a sale is not likely in the future or
if he meant a "sale with a significant windfall."

He did clarify that the employees were also founders. So they are already members of the LLC. So not much additional hassle by giving them profits interests.

I would NOT commit to repurchasing the P units in the future. So you have a good point there.
Pasadena
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