He didn’t just get a billion dollars though, its just unrealized gains in stocks, and those stocks represent his influence/control in the company.
If you helped build a company, and were passionate about it, you’d give that all up? If your vision was to build XYZ and you gave up those shares and you knew XYZ wouldn’t happen anymore, would you give that all up?
He DID get 300 million dollars from PayPal, and he decided to fund Tesla and build SpaceX and almost lost it all. Was it wrong of him to use all his money to try and build something? (He actually didn’t want to build SpaceX but no one wanted to do the inspiration project sending a plant or something to Mars he wanted to do)
We need a way to separate the stock value/holdings from company ownership/influence when companies get this big.
He didn’t just get a billion dollars though, its just unrealized gains in stocks, and those stocks represent his influence/control in the company.
If you helped build a company, and were passionate about it, you’d give that all up? If your vision was to build XYZ and you gave up those shares and you knew XYZ wouldn’t happen anymore, would you give that all up?
He DID get 300 million dollars from PayPal, and he decided to fund Tesla and build SpaceX and almost lost it all. Was it wrong of him to use all his money to try and build something? (He actually didn’t want to build SpaceX but no one wanted to do the inspiration project sending a plant or something to Mars he wanted to do)
We need a way to separate the stock value/holdings from company ownership/influence when companies get this big.