Acquired
Nike
Ben Gilbert
Yep, exactly. So Phil Knight basically never took on any equity investors, and so he took no dilution. He and his management team and Bill Bowerman owned 56% at IPO, him owning 46% because he just kept betting the farm all on debt and basically had no buffer at all. So what that means is on IPO day, he was worth $178 million, and today he's worth about $40 billion.
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