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What really? I thought CEOs are paid millions, not hundreds-of-millions. I mean, if they stay at the company for decades, sure it can add up to hundreds-of-mil
by confiscate 10y ago
What really? I thought CEOs are paid millions, not hundreds-of-millions.
I mean, if they stay at the company for decades, sure it can add up to hundreds-of-millions. But upfront? Sounds like a lot!
- rch 10y agoNot saying it happened in the case of Quip, but last year Google effectively paid $380M for Diane Greene: https://techcrunch.com/2015/11/19/google-buys-bebop-and-names-diane-greene-to-lead-enterprise-cloud-effort/ https://techcrunch.com/2015/11/19/google-buys-bebop-and-name...
- confiscate 10y agoOh interesting. Nice info.
- hellogoodbyeeee 10y agoIt is a little different because the bulk of their compensation is often in shares or options to buy shares. These are often structured in a way such that they are "free" money. If you have a company with a hundred million shares outstanding, you can make 500,000 new shares and only dilute the total value of the company a little but still add to an employee's net worth quite a bit.