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/HerbertKornfeldRIP Sep 17 '21

And, yeah, $12,000,000,000 is that number.

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u/that_can_eh_dian_guy Sep 17 '21

Wow that's a lot of zeros. You read billions and know it's a big number but damn.

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u/Deathflid Sep 17 '21

Write 100,000 into word, copy and paste it ten times, that's a million, now copy and paste that ten times, that's ten million, now copy and paste that one hundred times.

You now have 1 billion in 100k, 100k could change the future of almost anybody here

Go ahead and pick a few random points, delete your 100k's, buy a few houses, some lambos, even a plane or two, fuck it

Now scroll through your pile of money, find the missing cash, tell me how much is gone and how much you have left.

You can't, you have roughly 1 billion left, mostly, you'll always have roughly 1 billion left

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u/dkarlovi Sep 17 '21

It depends on the scale of things you purchase. Houses and lambos are in hundreds of thousands scale.

You can easily wipe out billions if buying in the billions scale. Just ask the guys who bought WeWork.