Venture capital is invested in exchange for an equity stake in the business. Valence Media holds a substantial minority equity stake in the company. Simmons also holds a large investment stake in the company. Harpo Productions retains a "significant minority stake" in the venture. HBC was to get a 25 per cent equity stake in Le Tote. JAB Holdings owns the remaining, majority, stake. This role also came with an undisclosed minority ownership stake in the team. He has a 1.25% stake in the company. Buffett helped finance the deal in return for a 25% stake in the combined company. Exor has however raised the possibility of the future sale of some of its stake. Steelcase continues to hold a small stake. Vince McMahon owns an unspecified minority stake in DraftKings. Lotito later purchased the minority stake from Capitalia. Vice holds a 49% minority stake and control of international expansions. They held a combined stake of about 20%.