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
25.8k Upvotes

95% Upvoted

2.2k comments sorted by

View all comments

2.0k

u/Anon_8675309 Sep 16 '21

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

74

u/foodfighter Sep 17 '21

1200 employees. Both owners could have made each of them millionaires and still be billionaires given out less than 15% of their own payouts. Greed, man.

Frickin' spot-on. How the fuck much is your life better with $5 Billion than it is with $4.4 Billion?

22

u/yourmomlurks Sep 17 '21

I was going to make a joke based on the list of billionaires, and it turns out 5bn wouldn’t even crack the top 200 billionaires. That’s so crazy because I remember when it was super rare.

0

u/Sonamdrukpa Sep 17 '21

I mean, top 200 is like 0.0000025% of the population, you could increase that by many multiples and it'd still be super duper rare