3 ms·
He's an enormous holder - the article cites almost 20%, and almost double that in voting rights. It's hard to believe his contribution is worth $4B (1/2 of what
by 3am 15y ago
He's an enormous holder - the article cites almost 20%, and almost double that in voting rights. It's hard to believe his contribution is worth $4B (1/2 of what Steve Job's net worth was) if the $20B valuation holds up in the IPO. Disgraceful.
- Aetius 15y agoSteve Jobs infamously sold all bout $1 of his initial stake in Apple, depriving him of untold riches. Pincus has been adamant about retaining as large a stake personally as possible and dictatorial control over the board.
- gujk 15y agoWhy? Zynga hit the (hypothetical) $20B in far less time and employees than Apple did. That is far more return on invested capital.