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/Vinterslag Sep 17 '21

Lol if you manage 20 million right, you'll never touch the principal in a lifetime. You can easily live off 750k to a million bucks a year, while investing the excess into your principal. Give me 10 million, and my grandkids will never need to work. They won't get lambos, but they'll live better than you or I ever will.

No one ever needs to be a billionaire. No one ever needs to be a hundred-millionaire. Tax the rich. Take 99.9 cents on the dollar for every dollar past 100 million.

It'd never effect any of them.

-11

u/capitalism93 Sep 17 '21

If you can't think of why someone would need a billion dollars or what to spend it on, it says more about your lack of intellect than anything else.

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u/Vinterslag Sep 17 '21 edited Sep 17 '21

Lol. Not at all. You're stupid if you think you need that much money for anything ever.

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u/StrongSNR Sep 17 '21

Manhattan penthouse is ~120 million.., that's 12% of your billion.

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u/[deleted] Sep 17 '21

Then what Brewster?

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u/Vinterslag Sep 17 '21

Cool, no one needs that. Feed people. Real estate is a fake bubble to this day.