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In other words, he's lost $30B in the last ~2 years. Seems like a fair amount of accountability to me.
by jonas21 4y ago
In other words, he's lost $30B in the last ~2 years. Seems like a fair amount of accountability to me.
- s1artibartfast 4y agoYes, I agree that his ownership position gives him direct financial accountability for the performance of the company. He does well when it does well. That said, the swings tech stock over the last couple years have very little to do with his leadership. Yuan is not responsible for the tech bubble and its deflation. No human on the planet could have made zoom hold its peak stock price.
- gadflyinyoureye 4y agoKeep in mind that his income is probably not what he lives on. He probably gets loans with the stock. That 500 mill bump probably got him a large loan.
- s1artibartfast 4y agoHe probably doesn't need more stock borrow against if he has billions of dollars of equity already and a seven digit annual compensation. His stock transfers and sales are public information so you can look that up if you want. A cursory search shows that he sold at least 50 million dollars worth, which should cover some daily expenses