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by BallinBige 4079 days ago
first 5-10% of google and paypal employees MADE BANK
2 comments

The founders of google landed on approximately $30 BILLION split two ways. There was a lot of talk around IPO that Google was minting a thousand millionaires, but a million is still 1000x smaller than a billion.

The lesson we can take from Google (which did make a lot of people a lot of money) is that once the company reaches many many billions in public valuation, then yes, a good number of employees will get rich despite the lopsided equity distribution.

Those in the closest inner circles to get hired when they were coming up. It continues to pay to run in the right circles and know the right people.