1000
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 16 Aug 2025
1000 points (100.0% liked)
News
31674 readers
1963 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Sell it, keep $100M, distribute $1,500M to the employees who built the company with you.
...sit on the beach with your former employees as just people, discussing who has the cutest little umbrella in their drink and laughing at the stock value of the global conglomerate that bought a business that no longer has employees.
No, just distribute ownership amongst the workers. Keep a majority share if youre worried they arent responsible enough.
I guess it just depends on the scope. Since we were talking about giving way over a billion, I was envisioning the employees being set for life and having no concern for the continued operation of the business.
If we're talking about thousands of people, then I guess either option is pretty sweet. Either you keep your same job but now have equity and control, or you keep your same job under new ownership but see an extra $500,000 cash just drop into your checking account.
I took a look at the article and I got no impression of the employee count, but the dude who sold the company seems like the rare ultra-rich startup CEO business owner who is somehow based as fuck.
It sounds like starting companies is just what he likes doing, and/or is driven to do. I have to admit I'm a little jealous because imagine being a decent person, and first being told you have no rent or bills ever again, and then being given 1,500 Million Dollars to just give to people and causes you care about. That would be off-the-charts fun and rewarding.
(edit to add: the article may have been written in a misleading way such that he gave away less than half the money rather than over 90%, so maybe he's not quite so based. Still way ahead of the pack. Something I have often said is that in order to become a billionaire, you have to be the kind of person who can have $100M and still put in overtime because you aren't satisfied. It sounds like this guy at least works because he wants to and is thinking in the right direction)
Article snippet:
The 48-year-old is now building his third startup, a supply-chain emissions data company called Scope3. Still, he claims you’ll never catch him joining the billionaires club. “I will never be that wealthy. Even if Scope3 is immensely successful, we will give that money away.”
Just seems sick to build a company off the backs of your employees then say, "you know what take the equity and spend it elsewhere who cares about the people who got me here. They have been gifted a job like the good servants they are."