sida·5년 전·discussIt is in the article "Mr. Thiel purchased his founders’ shares in PayPal through his Roth IRA during PayPal’s formation"I am willing the venture a guess that the initial valuation was far greater than 0.001 per share. And this was all an accounting trick to exploit IRA
sida·5년 전·discussI don't think that's true right. Peter Thiel purchased shares in Paypal at $0.001 per share, which is far below fair market value.The "theft" here is the undervaluation of the shares with which he purchased at
sida·6년 전·discussYou would not stagger it like that.My suspicion is that the lay off got leaked and it forced the company’s hand. They are probably scrambling to get everything finalized ASAP.And eng lay-off requires more planning than customer support lay-off
sida·6년 전·discussEng layoff is also coming.This looks to be just for service workers and contractors (like recruiters)
I am willing the venture a guess that the initial valuation was far greater than 0.001 per share. And this was all an accounting trick to exploit IRA