Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

He and his wife own 100% the company so it might be better to hold on to the cash for tax purposes than pay themselves a lot because tax on payroll is pretty high compared to company's cash sitting in the bank.

I think the offer he mentioned was $100M for LTT.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: