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Ask HN: What is the % of ownership of GitHub founders?
- quickthrower2 8y agohttps://www.forbes.com/sites/noahkirsch/2018/06/04/github-acquisition-mints-new-billionaires/#6e6893993c75 https://www.forbes.com/sites/noahkirsch/2018/06/04/github-ac... > Microsoft announced on Monday that it would buy software development platform GitHub for $7.5 billion in stock, minting new billionaires in the process. Based on Forbes estimates, GitHub cofounder and CEO Chris Wanstrath will receive as much as $1.5 billion in Microsoft stock. He is GitHub’s single largest shareholder, a source familiar with the company’s finances told Forbes. Wanstrath’s cofounders Tom Preston-Werner and PJ Hyett will walk away with an estimated $1.25 billion and close to $1 billion, respectively. From this I would infer: Chris Wanstrath: 20% Tom Preston-Werner: 16.67% PJ Hyett: 13.33% Take this with a pinch of salt.
- mindcrash 8y agoI think Kyle, Scott, Melissa and Ryan can also expect a pretty good payday if GitHub followed the startup tradition of giving early hires a substantial amount of stock.