md23040 Posted February 3, 2012 Posted February 3, 2012 http://www.dailymail.co.uk/news/article-2095385/Facebook-IPO-Graffiti-artist-David-Choe-painted-HQ-set-bumper-shares-payday.html Graffiti decorator contracted by Facebook as a start up was given the option of $1000 or else shares in the company to decorate the office. Lucky for him he took the shares with the impending IPO. What's the return on investment from 2005?
Englebert Posted February 3, 2012 Posted February 3, 2012 Who's bothered how much he gets? Am I supposed to cream my pants at this news?
md23040 Posted February 3, 2012 Author Posted February 3, 2012 Who's bothered how much he gets? Am I supposed to cream my pants at this news? I'm looking to calculate the return on investment of the $1000 over seven years becoming $200m using a=p(1+r/100)^nt. $200,000,000 = $1000 (1+r/100)^7 Can't remember the breakdown method so will someone show it?
Jason Posted February 3, 2012 Posted February 3, 2012 So Facebook gave him 4% of the company in 2005?
Tiger Woods? Posted February 4, 2012 Posted February 4, 2012 So Facebook gave him 4% of the company in 2005? Given the IPO is valued at over $100 billion, 0.2% surely?
pl1 Posted February 4, 2012 Posted February 4, 2012 Who's bothered how much he gets? Am I supposed to cream my pants at this news? Agreed. He should sell the straight away & retire.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.