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Zynga executives were especially concerned with not creating a "Google chef" scenario. That reference relates to Google's 2004 IPO when one of the company's ch
by netcan 15y ago
Zynga executives were especially concerned with not creating a "Google chef" scenario.
That reference relates to Google's 2004 IPO when one of the company's chefs, who was hired in the firm's early days, walked away with $20 million worth of stock after the shares went public.
This is something to take note of. You might be able to see the reality of a chance to make $X being worth a small fraction of X, but don't expect everyone else to see it after the fact. If you are relying on executives, judges or anyone else to see that you were compensated with a lottery ticket worth $1000 and lucked into $20m rather then that you were just somehow compensated $20m especially if they have an interest in seeing it the latter way, you need to take into account that they might not.