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>To that end, I am reducing my salary for the coming fiscal year by 98% and foregoing my FY23 corporate bonus. What about equity grants?
by hgsgm 4y ago
>To that end, I am reducing my salary for the coming fiscal year by 98% and foregoing my FY23 corporate bonus.
What about equity grants?
- endisneigh 4y agoLol, no good deed unpunished.
- whimsicalism 4y agoHe owns 22% of the company. He literally just made ~1 billion on this decision and is foregoing a salary of ~1 million.
- prewett 4y agoOnly if he sells right now, otherwise he literally hasn't made any money, just his current potential-money (like potential-energy) has increased. It remains to be seen what will happen in the future. He is also exposed to all sorts of other things, like he could lose a billion dollars of the course of a year because the Fed decides to hike interest rates 4%.
- whimsicalism 4y agoSure, it also remains to be seen what the value of the dollar is in the future. You could lose a billion in real dollars just holding cash. Don't really think it diminishes my point.
- _blz2 4y agoThe volatility in equity prices and dollar strength is not comparable. This analogy is just absurd.
- deleted 4y ago[deleted]
- _blz2 4y agoeven if he resigns and donates his entire nw to charity, someone on HN will ask what about the oxygen he's using up breathing.