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This just screams "prepping for an IPO" 1) hiring someone as your CFO that wall street loves. 2) From the article: > The firm paid Tosi $15 million last year
by chollida1 11y ago
This just screams "prepping for an IPO"
1) hiring someone as your CFO that wall street loves.
2) From the article:
> The firm paid Tosi $15 million last year in salary, bonus, stock awards and a cut of profits, according to Blackstone’s annual report. He also holds partnership units that gave him $1.4 million in dividends.
So if this rumor is true, Tosi is walking away from a lot of money. I've got to assume its because he's got a chance to make a lot of money in the next year or two because I doubt he'd do this because he loves using Airbnb.
3) He is rumored to have turned down the CFO job at Apple a few years back. If he's heading to Silicon valley now, I find it hard to believe that its to be the CFO of a private company