For most people, passive income is a bit of extra pocket change that requires minimal effort to earn to supplement a main source of income. For Steve Ballmer, it’s $1 billion.
Actually quite interesting in the case of Ballmer as he was an employee compensated via stock rather than straight up cash
You’d consider that an investment as he was investing his time to be a business manager while being compensated probably less in cash that would be normal for the position
So as early Microsoft didn’t have the cash on hand, or didn’t want to give up that cash they could use elsewhere they gave equity as compensation
How do you suggest we should remove this situation? Should we not allow compensation in the form of equity? Or should ownership of equity not exist generally?
Ballmer also got Microsoft their first major contract back in the day. He did contribute massively to what MS is today. To that dollar value? No, no one contributes THAT MUCH. But it’s not like he wasn’t extremely impactful.
What amount of capital has Ballmer provided? Please give us a number in dollars. You can round it off.
Also, what amount of capital would not be provided if Ballmer didn’t increase his wealth by $1 billion off of it? Again, you can round it off.
Actually quite interesting in the case of Ballmer as he was an employee compensated via stock rather than straight up cash
You’d consider that an investment as he was investing his time to be a business manager while being compensated probably less in cash that would be normal for the position
So as early Microsoft didn’t have the cash on hand, or didn’t want to give up that cash they could use elsewhere they gave equity as compensation
How do you suggest we should remove this situation? Should we not allow compensation in the form of equity? Or should ownership of equity not exist generally?
Ballmer also got Microsoft their first major contract back in the day. He did contribute massively to what MS is today. To that dollar value? No, no one contributes THAT MUCH. But it’s not like he wasn’t extremely impactful.