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by blitzar 1205 days ago
Zuckerberg, Brin, WeWork Guy etc all first 50 employees of unicorns ... you saying that their 100's of billions are actually zero value because they are 100's of billions of funky employee-only stock that’s only saleable back to the company at nominal value?

Also why pay $3.5bn of tax on $0 of value? Given how sharp tech is about tax minimization you would think they would have better tax people.

1 comments

They're not usually employees, they're owners. Adam Neumann even managed an extraordinary scam whereby he had the shares with voting power and the investors didn't. https://www.washingtonpost.com/business/2019/10/24/adam-neum...
Ahh ok, so Marissa Mayer then ... didn't make anything more than salary from being #20 employee at google?

Adam Neumann even managed an extraordinary scam of being currently worth 2x the company that made him all his money ...