I think this may be a more relevant link to the 'I didn't get paid' - and explains a little more of the veiled threats to whomever Simon Patience is from your link.
We weren't there, we don't actually know what was promised.
I mean basically don't trust SV corporate- most have learned this the hard way.
I'm extremely curious about the "untimely death trigger conditions" part at the end...
Oh wow. What a blow. The way I make myself feel better about all the stocks and options I was never offered in my career is by assuming something like that would have happened to me.
As I understand it he got $10m equivalent of cash, but not $10m of actual stock that would have grown tremendously.
Why wouldn't he just buy the $10m of Apple stock then?
Couldn't he have bought Apple stock with the proceeds?