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by petermcbeater 3474 days ago
So the screw over was that the company fetched 5 million instead of 10?

Assuming a 3-way split, 1.66 million versus 3.33 million each? He had to take a least a million dollar hit in that scenario, or did Facebook give him something else besides a job? Is a job at Facebook worth over a half a million dollars?

4 comments

You're forgetting the investors, who get the lion share.

A $5M acquisition means pocket money for the founders.

In the book, it explains that the pre-ipo stock he was granted at FB was approximately equivalent to what he would have gotten from the Twitter acquisition.
more to the point, is the difference between a job at facebook now, and taking a job at twitter for a few years before possibly joining facebook if he still wanted to, worth half a million dollars? it definitely wouldn't be to me, but then again he seemed to have a strong "facebook is the future; i need to be there" feeling that i have a hard time relating to.
At level ~E5/E6 in New York or California, yes.
I messed up my comment, supposed to read "over a million and a half" I could see ~500k MAYBE but 1.5million....