So what ? Id sell some part too if I was overnight a centimilionnaire.
What am i supposed to do with this info ?
What am i supposed to do with this info ?
It might be more motivating for him to not have that cushion. At least that is the theory people usually have.
He got so rich on the DPO that he learned the massive enrichment power of building a strong business. It's easy to picture a motivation to ring the register here, but it's also easy to view the windfall as a motivator.
A shareholder with properly balanced portfolio would likely go for the $5T option. Fully invested CEO might want to stay safe and even avoid bringing up this opportunity as there’s 90% chance for him to loose everything.
He no longer has the threat of poverty if his company fails. He has a nice 300 million cushion should anything go wrong. You could say that makes him less likely to put in maximum effort.
What about all that "this is only the beginning" talk?
_grin_
His public character may be questionable by my standards (i.e. being a non BLM supporter - atrocious), but regardless I'm still genuinely happy for him! This is an exit entrepreneurs dream of.
Exciting times. :)
That said, it's easier to be honest for Coinbase than physical retail stores - BLM can't steal TVs from Coinbase
That's not what the HODL gang has been telling me. Have fun staying poor, Mr. Armstrong.