wjeje

No Employees of publicly traded firms benefit from short-term gains in the stock price, assuming the stock price jump holds throughout the period of grant/vesting.

People who work at VC-backed firms do not get to enjoy the same degree of liquidity, not even close. There can be some outliers but that is 0.1% of all.

Can't believe simple stuff like this has to be said.

Sounds like you haven’t had training in corporate finance.

What a finance team allocates on spend has nothing to do with what the tokens actually get used for.

Are they peeking over the shoulder of each team and individual? Of course not.

It can be the case that the spend is absolutely wasteful. Numbers don’t lie.

That magic trick only works for publicly traded stocks.

Most firms are not a google or a Microsoft - a firms cash balance can become a strategic weapon in the right environment. So wasting money is not a great idea. Lest we forget dividends.

Moreover if you have a budget set re. Spend on tokens - you have rationing. Therefore the firm should be trying to get the most out of token spend. If you are wasting tokens on stuff that doesn’t create a benefit financially for the firm then indeed it is not inline with proper corporate financial theory.

No the strategy of having a professional looking social space in the web, specifically focused on college folks solely was novel - this is what he stole and without this it wouldn’t have gotten to the place of success it is today. Knowing about the technology is no good without a solid strategy - with a solid strategy anyone can raise the funding to go build it. It’s easy to know what to build when you have a vision specifically of what you’re building into.

Nobody else has this targeted focus.

Correct

If he didn’t steal anything why did winklevoss and another person at Harvard involved in the original project get a pay off…?

Do we really need to discuss this? He tried to screw another founder - the Brazilian - who got a pay off and now has a reported net worth in the billions.

I mean he’s got boz in his circle - is that short for bozo?

No he bought everything out of paranoia to shut out competition.

They tried organically to replicate instagram etc but they failed even though they had wayyyy more resources. Their attempts sucked. So their approach was to target for acquisition or copy features if they couldn’t.

There’s plenty of evidence of this re. His comms around those events.

Let’s go another step further!

The continual success of fb and instagram has not come from zuck but through glorified A/B testing on steroids whilst lighting employee’s asses on fire each quarter to move the metrics. Visionary genius? My ass. Only Steve Jobs proved he is worthy of that title.

Bro is a fraud. He always was - remember he stole the idea for fb. Thankfully he’s getting found out.