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I 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 f
by Retric 3y ago
I 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 3y 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.