Hacker News new | ask | show | jobs
by extraduder_ire 821 days ago
I think the often-quoted amount that huffmann is going to be paid includes stock he owns (will own?), with its valuation based on the targeted IPO price. I don't think he's getting paid an absurd amount of cash right now.
1 comments

It's in his interest to have a small cash compensation though since long-term capital gains tax is smaller than income tax. Also, he can always take a loan against his stock to get liquidity without triggering income tax.