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Kail ultimately received over $500,000 and stock options from these outside companies All this for 500k? Seems like a lot of trouble for the equivalent of a ye
by 1B05H1N 5y ago
Kail ultimately received over $500,000 and stock options from these outside companies
All this for 500k? Seems like a lot of trouble for the equivalent of a year as a C-Level.
- rout39574 5y agoHalf a mill here, half a mill there, soon you're talking serious money...? It is possible that your perceptions of how easy it is to extract millions-scale dollars from the business world is skewed. Google suggests 1.7M is the median lifetime earnings in the US, 2.7 is the average. Getting that in a handful of deals could tempt all sorts of people.
- tempestn 5y agoI think your parent's point is that this guy wasn't earning an average salary, but a Netflix executive one. In that case, 500k definitely doesn't seem worth risking so much for.
- fshbbdssbbgdd 5y agoThere’s a lot of ways to tie yourself up in various obligations and burn money. It’s easy to waste seven figures with houses, cars, boats, philanthropy, bottle service, gambling, divorce, etc…
- sciurus 5y agoPresumably the stock options had a chance of being worth far more than $500k.
- sizzle 5y agoThose stock options could be worth millions, one of the companies he received xx,xxx options for was acquired by mega corp I think was mentioned for example. This is on top of the money he brazenly funneled into his sham LLCs