Comment by pathseeker
6 years ago
>In fact, I'll just give you 1000 shares of Apple stock, there's no risk to you". And you said no.
That's not the same. See https://en.wikipedia.org/wiki/Opportunity_cost
6 years ago
>In fact, I'll just give you 1000 shares of Apple stock, there's no risk to you". And you said no.
That's not the same. See https://en.wikipedia.org/wiki/Opportunity_cost
In the video Garry mentioned that Thiel offered him a check for his salary. Not quite no risk, but effectively so. He'd be able to go back to MS after 6 months/1 year no problem and would have only lost out on some vesting. He probably would be able to go back to a better position which often happens.
> He'd be able to go back to MS after 6 months/1 year no problem and would have only lost out on some vesting.
And internal tenure and connections. Yes, for some companies, it's easier to get promoted as a new applicant. At others it's easier to get internally promoted and losing out on a year of that costs you quite a bit of future value.
The director of my product unit took me out for coffee and basically said as much. Congrats on the move, and if you ever want to come back, email me directly.
It was one of the classiest things that ever happened to me in my business career.