3 ms·
But in a way this rings true - after an exit event if the former CEO/founder gets mostly stocks/paper his financial well-being is deeply connected with the gene
by kds 15y ago
But in a way this rings true - after an exit event if the former CEO/founder gets mostly stocks/paper his financial well-being is deeply connected with the general well-being of Wall Street, as a system.
The more bullish is the market - the better for him, and for the whole ecosystem of financial institutions that serve him. In this sense he is a part of the financial industry and shares the general systemic risk (though, of course, this varies in individual cases and portfolios)
His position is no different than hers - the enriched with stocks ex-wife of an investment banker after the divorce (also a kind of exit strategy, btw).