korias

4 ms·

1. 1.▲
   by korias 10y ago

   Using the logic in this article on other, more established companies highlights the silliness of the "$10M per person" sound byte: Uber is valued at $60bn, has 6000 employees -> $10M per person Google is valued at $500bn, has 5
2. 2.▲
   by korias 10y ago

   These were paper / model-based losses, i.e., they were for derivatives whose value dropped during the financial crisis, but whose value went back up after the crisis. Because they were illiquid and not traded during the crisis, these l
3. 3.▲
   by korias 10y ago

   I would guess at least half goes to his ex-wife, and a pretty significant portion of the rest goes to his lawyers. Which suggests he may not be getting a life-changing amount out of it in the end, and so would be more incentivized to public
4. 4.▲
   by korias 10y ago

   Sounds like your model assigned a high probability to Derrick Rose tearing his ACL :)