3 ms·
If Snap Inc. IPOs at their expected 25B value, Spiegel will be valued at nearly 5 billion (21% ownership), so ~1 million in security per year is not too far-fet
by dreaminvm 10y ago
If Snap Inc. IPOs at their expected 25B value, Spiegel will be valued at nearly 5 billion (21% ownership), so ~1 million in security per year is not too far-fetched.
- fudged71 10y agoWhy not just kidnapping insurance?
- twinkletwinkle 10y agoMaybe he doesn't want to be kidnapped in the first place...
- dreaminvm 10y agoBecause he is not the most likable CEO and not everyone is looking for a payday. I am merely pointing out that his security costs are negligible to him/Snap Inc based on their valuation.
- bduerst 10y agoWhy not both? Imagine the insurance premiums on that much wealth, without any security.