Re:Robinhood lays off 23% of staff
by renewiltord on Tuesday August 02, 2022 @06:50PM
(#32325288)
Mate, ultimately the point is that if you sell $55 m of your stock in a company you're not taking money out of the company. That stuff ceased to be owned by the company when those shares (or derivatives that control them) were granted (way before this point).
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I think ultimately the point is that this guy who fucking sucks at running a company made $55mm, and several hundred people just lost their jobs due to his ineptitude. Seems pretty cut and dried to me that he's a pile of shit; if he really cared about his employees he would truly take responsibility and reinvest some of his money in the company.