this post was submitted on 22 Aug 2024
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[citation needed]
http://mixenergy.com/interviews/chris-jaeb-broadcast-interview/
Interview with Broadcast.com's original founder who made bank, his brother who invested $2,500 made $850M and mentions his girlfriend, who also invested, made millions as well. Any employee who had shares in the company which is often the case (you really need citations for how this works?) also would have made a lot of money.
None of those investors were employees. I know exactly how it works.
Beyond a vague “any employees who had shares..” which, yeah, obviously. Which they would have had to purchase. Which anyone could do, regardless of being an employee
Most tech startups, especially at that time, would offer stock in lieu of better pay
Talking very generally now - what happened to the full throated defence of cuban?