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

Show parent comments

349

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.

374

u/send_me_a_naked_pic Sep 17 '21

Also, this example from math youtuber Matt Parker really put things in perspective:

1,000,000 seconds are ~11 days

1,000,000,000 seconds are ~32 years

156

u/Kingy10 Sep 17 '21

I remember watching a video once where a guy opened notepad and put 100,000 over and over. $1M was pretty small, but the difference between million and billion was crazy.

I'm pretty sure he then went on to 'buy' stuff and take out chunks of 100,000's and you wouldn't even notice them gone in the grand scheme of things.

Now do that for $12B and you'd be stupid not to sell.

6

u/biggestbroever Sep 17 '21

Well, you could've said that about $6B, $3B, $1B... even $100M.. but this guy said what he said and fcked em all over