Re:Aaron Swartz Legal Defense Fund
by nostrademons on Sunday September 16, 2012 @03:16PM
(#4530030)
1) Reddit's acquisition was a cash deal, reportedly $20M. Aaron made a blog post at one point about walking out with a check with more zeroes than he ever expected to see. I think it's likely he made about $5-7M off it, given that Reddit and Infogami merged right after the SFP, before either had much success.
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Re:Aaron Swartz Legal Defense Fund
by andrewljohnson on Sunday September 16, 2012 @03:40PM
(#4530105)
Alexis says it was between 10-20M: http://www.inc.com/magazine/201206/christine-lagorio/alexis-...
The same article says there were two original founders, and two later founders, which kind of tells me they didn't split that $10-20M evenly.
Even if it was all cash with no sort of vesting or earn-out, and Aaron got 10% (sounds about right for a non-true-founder), that would only be $1-2M, and that would be taxed down to six figures. All my financial speculation is based on what I find on the internet, though I have met Aaron a couple of times.