5 ms·

SNAP have had a great last 12 months, market cap up to 23.65B

• habosa 7y ago
  7B and 24B are both effectively infinite money. If I could have the former just for signing my name or the latter but I need to go through an IPO and get slammed in the press every day, I go with the former.
  • PunchTornado 7y ago
    why? he already has more money than he can spend. what should he do with his life? spend it on the beach or lead a company? beach is boring. I'd chose the company and have it my way. if it fails, it fails, who cares, I'm already rich.
  • mtnGoat 7y ago
    never thought of it this way. if it was laid out as a red/blue pill like that, i'm not sure what id take. i think once you are a billionaire the average person probably just assumes your not nice anyways, might as well triple up the cash.
    • xwdv 7y ago
      Well here’s another way to think about: you’re not just “tripling up your cash”, you’re getting a new boss in the form of thousands of shareholders expecting you to meet specific performance goals or else the value of your company goes to shit. Running a public company is hell compared to a private one. When you take your 7 billion in cash you are free, no one gives a shit about what you do or even cares unless you’re looking to give away some money.
      • mtnGoat 7y ago
        oh headache wise, id take the 7b and run for the hills. if it was cash play, id stick out the shareholder issues at least until i lost on them and they sent me packing. :) i would really never want to be "important" at a public company, unless it came with big golden handcuffs and parachutes.