equity

“Usually, at least in my experience, Guy, when this conversation comes up, we get to access to capital, and the conversation is really about working capital, about loans, and not about equity.”

“We also have something in our documents which says if we need to for safety, the board can just totally wipe out everyone's equity value to nothing.”

“You can't rely on minimum wage people to have motivation, and so I always figured if I take in a partner, the fact that they have equity in that individual location would make a big difference in the outcome, which is true.”