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See the axios article. The $400M was a loan to exercise stock options. You can acquire more options after founding a company as part of a bonus or additional co
by unaxk38 7y ago
See the axios article. The $400M was a loan to exercise stock options. You can acquire more options after founding a company as part of a bonus or additional comp...
- paulsutter 7y agoPer the article, “part” of the loan was to exercise stock options, but seriously as founder most of his stock he would already own outright > Neumann used some of the $400 million in loans to exercise stock options in WeWork, per the source.