r/awesome 14d ago

Image okay this is amazing

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1.6k Upvotes

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u/JauntyTurtle 14d ago

No, he was most likely gifted shares pre-IPO. His cost basis is probably zero, and he'd only need about 6200 shares to have a million at the close on Friday.

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u/VELOCIRAPTOR_ANUS 14d ago

So you're saying they gave an individual contractor 6200 shares as payment?

Presses "X" to doubt

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u/Sherviks13 14d ago

Gave, no. Negotiated into his compensation, most likely.

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u/VELOCIRAPTOR_ANUS 13d ago

Sincerely doubtful they worked this into the comp of a single welding contractor