Hacker News new | ask | show | jobs
by pardesi 1458 days ago
> About 1/6 of the pay comes from his pocket

Sorry, pls explain me this business logic. 1/6th is his ownership which is mostly tied to stocks. The pay comes from liquidity(arising from sales, selling bonds & any additional stock dilution from the organization) Unless I am completely misinformed about how business accounting works. Ownership doesnt pay unless they sell their stocks to pay(which he did through raising funding through stock hypothication in the past)