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unaxk38
searching PlanetScale…
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unaxk38
7y ago
An apt reminder that we're all just meat bags at the end of the day.
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unaxk38
7y ago
See the axios article. The $400M was a loan to exercise stock options. You can acquire more options after founding a company as part of a bonus or additional comp...
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unaxk38
7y ago
No, that isn't how options work. Everyone needs to pay...it's just usually when you found a company you're buying options for fractions of a penny. See https://www.axios.com/behind-wework-founders-700m-cash-ou
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unaxk38
7y ago
His worth is assets - liabilities. I'm saying his liabilities look huge, much more than $150M.
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unaxk38
7y ago
That number is so misleading. I wish the media/prof Galloway would stop referencing it. The $700M number is a mix of a $300M secondary sale to SoftBank and a $400M loan to purchase stock options. We don't know enough to say how fa