5 ms·
If I'm Neumann, I'm taking 200-250 million dollars of my 1.7 billion in winnings and giving it away to the laid off employees (about 90k each). Imagine the pos
by sharkweek 7y ago
If I'm Neumann, I'm taking 200-250 million dollars of my 1.7 billion in winnings and giving it away to the laid off employees (about 90k each).
Imagine the positive press you could drum up about yourself! All while keeping 1.5 billion dollars!
- empath75 7y agoOr he could start a philanthropic foundation that mostly exists to put his name on buildings and cement his legacy for a hundred years or more.
- nambit 7y agoWhy?
- cmcd 7y agoPositive press of this magnitude can help propel your next big idea. If you have a reputation of compensating employees well when startup ideas don't pan out they will be more likely to want to join the next one. Though there are probably more news worth things you could do with 300m.
- cvhashim 7y ago> Imagine the positive press
- jotm 7y agoWhy? A fraction of that will buy you even better positive press.
- manux 7y agoNot being selfish?
- redisman 7y agoEmpathy and because he made an order of magnitude more money than he can spend in a lifetime?
- jotm 7y agoWell he's not you, so he's keeping 1.7 billion. No one cares at large. Investors actually respected Shkreli, and the masses don't even remember who that is. Just cover your legal bases lol
- johnsimer 7y agoI'm sure he could just donate a few mil to some charities and then bribe or otherwise manipulate journalists with another few mil, and generate MUCH more positive press overall with that money.
- tarr11 7y agoThis would upset me if I was one of the remaining employees.
- sharkweek 7y agoGood point! Google says there are 15k employees at WeWork, how about EVERYONE gets 50k. 750M given away, still have a billion dollars and a bunch of goodwill.
- skinnymuch 7y agoHe doesn’t just get $1.7B. There’s taxes involved.
- mlevental 7y agowhy would that upset you? you still have a job? that's like saying you'd be upset if a homeless person got a free meal at a restaurant where you had purchased a meal. also it's his money not public tax base - how can you can be upset about what someone chooses to spend their money on.
- majani 7y agoThe more likely outcome is that he's now focused on protecting that nine figure status as if his life depended on it.
- Sohcahtoa82 7y agoGotta stay in the three-comma club.
- skinnymuch 7y agoWhat about the taxes? Post fees and taxes, it won’t be $1.7B