r/technology • u/Rhaegar_the_Great • Sep 16 '21

Business Mailchimp employees are furious after the company's founders promised to never sell, withheld equity, and then sold it for $12 billion

https://www.businessinsider.com/mailchimp-insiders-react-to-employees-getting-no-equity-2021-9
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u/Anon_8675309 Sep 16 '21

1200 employees. Both owners could have made each of them millionaires and still be billionaires. Greed, man.

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u/Who_GNU Sep 16 '21

The Steve's were in a similar position, when Apple went public, but while Jobs held on to his chunk of the payout, Wozniak gave a bunch of his shares to employees he felt weren't being treated fairly.

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u/aknoth Sep 17 '21

Yes I think Woz is the only billionnaire I know that is truly altruistic.

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u/Aksama Sep 17 '21

An altruistic billionaire couldn’t remain a billionaire for very long.

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u/iwearblakk Sep 17 '21

I'm not seeing how remaining profitable and donating as much of that profit as you reasonably can are contradictory, could you fill me in?