Re:Jack Dorsey giving up 30% of his stake in Square to help ...
by rco8786 on Thursday October 15, 2015 @09:17AM
(#10392918)
Jack owns ~24% of the company. It is just his equity.
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Re:Jack Dorsey giving up 30% of his stake in Square to help ...
by flintchip on Thursday October 15, 2015 @09:21AM
(#10392938)
Yes, but 10% of 100% is a lot more than 10% of 24%.
Re:Jack Dorsey giving up 30% of his stake in Square to help ...
by rco8786 on Thursday October 15, 2015 @10:24AM
(#10393292)
It was reported that he would be giving up 30-50%(now at least 50% apparently) of his own stake. Which comes out around 10% of the entire company, depending on what number is actually correct.