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He's walking with around a sixth of all money raised by the company [1] Might as well treat the execs and all VCs involved to a luxurious "fuck you" dinner! [
by arcturus17 4y ago
He's walking with around a sixth of all money raised by the company [1]
Might as well treat the execs and all VCs involved to a luxurious "fuck you" dinner!
[1] https://www.crunchbase.com/organization/coinbase/company_financials https://www.crunchbase.com/organization/coinbase/company_fin...
- deleted 4y ago[deleted]
- htrp 4y agoall stock sales though.... so techncially your money (if you hold coinbase stock retail)
- btown 4y agoYep, the better comparison would be a % of Coinbase's market cap which is $11B. Still, as far as I know, walking away with 1% of your company's market cap is rare for a non-founder hired only 2 years prior.
- arcturus17 4y agoYea don't hold me for the rigor of my statement, it was just a comparison of magnitude. You're right that they've already passed the bag to investors, possibly a lot of that to retail - they can all still have a nice "fuck you" dinner in their honor!