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I found Stilt's video for our Y Combinator 2016 application. The video was shot on a makeshift table (recorded on an old laptop) at my apartment in San Francisco. Priyank Singh and I were a couple of normal H-1B visa holders (prior international students) who thought a company should...

17,042 просмотров • 1 год назад •via X (Twitter)

Комментарии: 10

Фото профиля Roohdar
Roohdar1 год назад

I got $13k from STILT for my wife’s masters in computer science, she ended up writing many research papers in NLP and Image processing, has hundreds of citations on her name. Can’t thank you guys enough.

Фото профиля Kevin
Kevin1 год назад

Inspired

Фото профиля Nikhil
Nikhil1 год назад

This raw video presentation is so much inspiring.

Фото профиля Sai
Sai1 год назад

Thank you making stilt. It helped me great at time of need and ensuring there is smooth continuation after M&A. To more success brother.

Фото профиля Dr. Darmina Patel
Dr. Darmina Patel1 год назад

I know many international dentists who are looking for money for further education in the USA or looking for co-signers for loans, can we collaborate?

Фото профиля Ahmed Reza
Ahmed Reza1 год назад

🥲

Фото профиля Raphael de Monticello
Raphael de Monticello1 год назад

This is amazing

Фото профиля Paras H. Bhanushali
Paras H. Bhanushali1 год назад

A badass move to lend your own money. Speaks a lot about conviction for a founder. Thank you for the learnings.

Фото профиля Alex Mann
Alex Mann1 год назад

Iconic.

Фото профиля Harpreet
Harpreet1 год назад

Thank you this is truly inspirational. just launch.....

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When Adam’s stock price dropped by 92% he borrowed money to buy back $6 billion in stock. That bet made the company more than $60 billion: “If no one's going to buy our shares why don't we just start buying our own shares? The company at the bottom was worth $3.8 billion. And we were generating over a billion dollars of EBITDA. Well in theory we could buy back 20% of the shares of the company just in the next year if we really believed in the path we were on. So we kicked that off. But we did it a little bit differently than what most companies do. Most companies go out and say I'm going to buy shares from the public markets and just take shares back. But you don't know who's on the other side of that trade. On the other hand we knew that we had a cap table where about 50% of the shares were going to sell at some point over the coming years. We had private equity investors that owned roughly 50% of the shares of the company alongside some other founders that were no longer there. So instead of going to the public we went to the shareholders that we knew were going to sell and got them to agree to sell back to us over time. And so for the following 18 months we ended up deploying around $6 billion of buybacks using our own capital and we leveraged some to buy back shares in the company. And over time that ended up creating somewhere in the neighborhood of $50 to $60 billion of actual proceeds from the buyback. It was one of the most successful buybacks in the history of companies.”

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