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Roll20 Announces Purchase of Demiplane | Comicbook.com
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this post was submitted on 04 Jun 2024
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Source: https://blog.roll20.net/posts/roll20-has-acquired-demiplane/?_hsmi=310100938
"We’re excited to announce that Roll20 has acquired Demiplane, the best-in-class character-building solution for tabletop roleplaying games! Demiplane joins a growing suite of TTRPG (tabletop roleplaying game) offerings from Roll20 that include Roll20 Tabletop, DriveThruRPG, and Dungeon Scrawl."
I suppose "hand over fist" is a subjective term, but you don't acquire companies for free.
DriveThruRPG (which merged with Roll20 in 2022) according to https://www.wargamer.com/dnd/roll20-buys-demiplane
Roll20's making some cash to keep their payroll* and purchase other companies.
*the business running
It’s pretty common to include a stake (ie stocks) in the purchase tender of companies. Sometimes very little actual money is exchanged. They agree on what each company is worth and the owners of the bought business end up with an equivalent stake in the remaining company.
Roll20 appears to be a privately held LLC.
https://help.roll20.net/hc/en-us/articles/360037254274-About-Roll20-LLC