I imagine he still had 15%+ of the company, so if there was a big payout, he would've gotten a big slice. Treat all my estimates with a grain of salt, though, please. I'm imagining he didn't get a huge payout and he actually kept most of his equity?
I think he just steps down as CEO, there is no company acquisition happening, so no one gets paid. I think company essentially failed to generate revenue and/or get new investment round.
I imagine he still had 15%+ of the company, so if there was a big payout, he would've gotten a big slice. Treat all my estimates with a grain of salt, though, please. I'm imagining he didn't get a huge payout and he actually kept most of his equity?
I think he just steps down as CEO, there is no company acquisition happening, so no one gets paid. I think company essentially failed to generate revenue and/or get new investment round.
https://www.theinformation.com/articles/google-hires-charact...
Investors are being bought at 2.5B valuation
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Yes that seems right. Though I think they could've gotten a new investment round if they wanted one, I'd be surprised if that was the cause.