Re:A Message from Eric Yuan, CEO of Zoom
by endisneigh on Tuesday February 07, 2023 @12:59PM
(#34696317)
Lol, no good deed unpunished.
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Re:A Message from Eric Yuan, CEO of Zoom
by whimsicalism on Tuesday February 07, 2023 @01:06PM
(#34696457)
He owns 22% of the company. He literally just made ~1 billion on this decision and is foregoing a salary of ~1 million.
Re:A Message from Eric Yuan, CEO of Zoom
by prewett on Tuesday February 07, 2023 @01:29PM
(#34696881)
Only if he sells right now, otherwise he literally hasn't made any money, just his current potential-money (like potential-energy) has increased. It remains to be seen what will happen in the future. He is also exposed to all sorts of other things, like he could lose a billion dollars of the course of a year because the Fed decides to hike interest rates 4%.
Re:A Message from Eric Yuan, CEO of Zoom
by whimsicalism on Tuesday February 07, 2023 @01:38PM
(#34697025)
Sure, it also remains to be seen what the value of the dollar is in the future. You could lose a billion in real dollars just holding cash.
Don't really think it diminishes my point.