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Okay congrats ..you are a billionaire on paper, now what? What was the point of this article ?- To showcase an already predictable scenario ? Either way, cong
by Sandorie 9y ago
Okay congrats ..you are a billionaire on paper, now what?
What was the point of this article ?- To showcase an already predictable scenario ?
Either way, congratulations nonetheless, I do admire and respect the work they put in for Stripe.
- saagarjha 9y agoBy this logic, isn't Bill Gates a billionaire "on paper" as well? His wealth is all stock and assets.
- scarmig 9y agoIt all depends on how liquid those assets are. "Paper" billionaire or millionaire typically refers to situations where someone is a millionaire but wouldn't be able to come up with a million dollars in funds in the short term (in less than a week, say). Paper ones might be able to take a haircut on their assets for additional liquidity, but that haircut might be enough to make them not a millionaire.