5 ms·

Why risk this even? Surely, he's making much more than 700K as an exec in the first place.

rvnx 5y ago
When you deal as a supplier to a big SV company, it can still happen that the employee asks you for a kickback. It's sad and it sucks.
ipaddr 5y ago
It might be part of some cultural structure in place. He got caught..
ghaff 5y ago
Very well-compensated people apparently can get sufficiently unmoored from a moral compass that they 1.) think the rules don't apply to them and 2.) just don't stop to consider that morals/ethics aside what they're doing is a really dumb potentially life-ruining risk.
adventured 5y ago
It probably wasn't just the $700k he was thinking about. I'd guess he was likely aiming for a larger sum over time.
usea 5y ago
Wealthy people usually still want more money, even past what non-wealthy people would consider enough.
- brian_cunnie 5y ago
  The two multimillionaires I know (one sold his company to JPMC, the other, to Google) aren't driven primarily by money. They have a genuine interest in what they do (securitizing carbon offsets, and designing analog circuits, respectively). They're what you'd call "good guys". They wouldn't be caught dead in that crazy kickback scheme that was described. I know this is a small sample set, but what I've come away with is that rich people are like you and me, except they happen to be rich.
  - deleted 5y ago
    [deleted]
- snarf21 5y ago
  Not just want, they feel entitled to it. It is their RIGHT. This is why we have such a wealth gap, the game is rigged.
Topgamer7 5y ago
Probably about 30 months of work ;)
airstrike 5y ago
I don't think all Vice Presidents as a rule make more than $700k
Ensorceled 5y ago
Our VP of <region> Sales was fired for stealing peoples lunches from the break room fridge.
- deleted 5y ago
  [deleted]
fshbbdssbbgdd 5y ago
There’s no limit to the amount of money one can waste.
petters 5y ago
There could be much more and the case only covered what could be proved.

rvnx 5y ago

When you deal as a supplier to a big SV company, it can still happen that the employee asks you for a kickback. It's sad and it sucks.

ipaddr 5y ago

It might be part of some cultural structure in place. He got caught..

ghaff 5y ago

Very well-compensated people apparently can get sufficiently unmoored from a moral compass that they 1.) think the rules don't apply to them and 2.) just don't stop to consider that morals/ethics aside what they're doing is a really dumb potentially life-ruining risk.

adventured 5y ago

It probably wasn't just the $700k he was thinking about. I'd guess he was likely aiming for a larger sum over time.

usea 5y ago

Wealthy people usually still want more money, even past what non-wealthy people would consider enough.

brian_cunnie 5y ago
The two multimillionaires I know (one sold his company to JPMC, the other, to Google) aren't driven primarily by money. They have a genuine interest in what they do (securitizing carbon offsets, and designing analog circuits, respectively). They're what you'd call "good guys". They wouldn't be caught dead in that crazy kickback scheme that was described. I know this is a small sample set, but what I've come away with is that rich people are like you and me, except they happen to be rich.
- deleted 5y ago
  [deleted]
snarf21 5y ago
Not just want, they feel entitled to it. It is their RIGHT. This is why we have such a wealth gap, the game is rigged.

Topgamer7 5y ago

Probably about 30 months of work ;)

airstrike 5y ago

I don't think all Vice Presidents as a rule make more than $700k

Ensorceled 5y ago

Our VP of <region> Sales was fired for stealing peoples lunches from the break room fridge.

deleted 5y ago
[deleted]

fshbbdssbbgdd 5y ago

There’s no limit to the amount of money one can waste.

petters 5y ago

There could be much more and the case only covered what could be proved.