3 ms·
> Sub 10% of 1 billion is 7 figures 8 figures, not 7
by fairity 2y ago
> Sub 10% of 1 billion is 7 figures
8 figures, not 7
- deleted 2y ago[deleted]
- Retric 2y agoI meant sub 10% of 28%, which is what the other FB founders got but you’re right that could be low 8 figures even after taxes. Except you also take a pay cut for several of those years so your benefit from a billion dollar IPO over non startup really can be 6 figures if you’re not the CEO.
- Retric 2y ago* can be 7 figures if you’re not the CEO. Though obviously if the unicorn is worth 20B things look vastly better even with a 2% stake.