4 ms·

The founders (theoretically) created $20B in value and you think $90M is sufficient compensation? $90M is definitely enough to be more than comfortable the res

by teej 8y ago

The founders (theoretically) created $20B in value and you think $90M is sufficient compensation? $90M is definitely enough to be more than comfortable the rest of your life. But a $5B payout would have meant they could start a VC firm, invest in the next several generations of startups, partially self-fund something ambitious like a Space-X, start funded non-profits, etc.

untog 8y ago
> The founders (theoretically) created $20B in value and you think $90M is sufficient compensation? ...yes? I don't really see what's so absurd about that idea. It also seems more than a little disingenuous to suggest that the founders were the only ones that created that $20B in value. They didn't single handedly create the apps, the marketing platform, drive the cars, etc. etc.
ceejayoz 8y ago
> But a $5B payout would have meant they could start a VC firm... https://en.wikipedia.org/wiki/Y_Combinator https://en.wikipedia.org/wiki/Y_Combinator > In 2009, Sequoia Capital led the $2 million investment round into an entity of Y Combinator which would allow the company to invest in approximately 60 companies a year as opposed to their previous 40 companies a year. The following year, Sequoia led a $8.25 million funding round for Y Combinator to further increase the number of startups the company could fund. I think they'll be OK if this is their goal.
jjeaff 8y ago
You can do all of those things and more - easily - with $90m.
- ericd 8y ago
  Elon invested more than $100M in SpaceX and they came very close to death before they finally succeeded with their last rocket. So it's not clear that you can do all of those and more, easily, with $90M.
rajacombinator 8y ago
I’m as pro founder as it gets but they alone did not create that value. Tons of employees, and the investors who put up the money, helped along the way.

4 ms·

The founders (theoretically) created $20B in value and you think $90M is sufficient compensation? $90M is definitely enough to be more than comfortable the res

by teej 8y ago

untog 8y ago
> The founders (theoretically) created $20B in value and you think $90M is sufficient compensation? ...yes? I don't really see what's so absurd about that idea. It also seems more than a little disingenuous to suggest that the founders were the only ones that created that $20B in value. They didn't single handedly create the apps, the marketing platform, drive the cars, etc. etc.
ceejayoz 8y ago
> But a $5B payout would have meant they could start a VC firm... https://en.wikipedia.org/wiki/Y_Combinator https://en.wikipedia.org/wiki/Y_Combinator > In 2009, Sequoia Capital led the $2 million investment round into an entity of Y Combinator which would allow the company to invest in approximately 60 companies a year as opposed to their previous 40 companies a year. The following year, Sequoia led a $8.25 million funding round for Y Combinator to further increase the number of startups the company could fund. I think they'll be OK if this is their goal.
jjeaff 8y ago
You can do all of those things and more - easily - with $90m.
- ericd 8y ago
  Elon invested more than $100M in SpaceX and they came very close to death before they finally succeeded with their last rocket. So it's not clear that you can do all of those and more, easily, with $90M.
rajacombinator 8y ago
I’m as pro founder as it gets but they alone did not create that value. Tons of employees, and the investors who put up the money, helped along the way.