Comment by KerrAvon
5 years ago
It's never been a thing in Silicon Valley. This sounds like someone misunderstanding or inflating the stakes.
5 years ago
It's never been a thing in Silicon Valley. This sounds like someone misunderstanding or inflating the stakes.
I worked at Apple when Steve Jobs was still there and it definitely sounds odd.
I had never heard of project-based profit sharing or being fired and named/shamed for non-delivery. I had personally seen coding mistakes cost tens of millions in lost revenue and the developers were still there and many got promoted.
Surely if he was promised $10 million and Apple didn't pay up there would be grounds for a lawsuit. Especially since that stock would be worth so much more today.