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Facebook's engineering lead for the 'Like' button earned $750M for 17 months work
Posted on 5/25/20 at 11:12 am
Posted on 5/25/20 at 11:12 am
quote:
In May 2007, Rosenstein left Google to become an engineering lead at Facebook, working closely with Mark Zuckerberg and Dustin Moskovitz. He was technical lead in charge of Facebook's Pages, the Facebook Like button, and Facebook Beacon. He was compensated with 4,863,335 Class B shares (worth $730 million at $150/share), which he deposited into a trust.
In October 2008, Rosenstein left Facebook to co-found the collaborative software company Asana along with Moskovitz.
He had earned 3-quarters of a billion dollars before he had turned 25.
LINK
Posted on 5/25/20 at 11:14 am to rickgrimes
Some people just get into the right field at the right time.
This post was edited on 5/25/20 at 11:14 am
Posted on 5/25/20 at 11:15 am to rickgrimes
Well, they weren’t worth $150/share in 2007, so the headline is very misleading.
Posted on 5/25/20 at 11:16 am to rickgrimes
So this is the frick that’s responsible for people being ridiculously self-centered
Posted on 5/25/20 at 11:16 am to rickgrimes
quote:
He had earned 3-quarters of a billion dollars before he had turned 25
Yea but after taxes it was less than half a billion
Posted on 5/25/20 at 11:17 am to rickgrimes
That stock wasn’t worth shite in 2008. Their IPO was in 2012 at $38 per share.
Posted on 5/25/20 at 11:19 am to rickgrimes
quote:
In October 2008, Rosenstein left Facebook to co-found the collaborative software company Asana along with Moskovitz.
If i had that much money... you'd never see my fat arse again... and I damn sure wouldn't be working and founding new companies.
Posted on 5/25/20 at 11:20 am to rickgrimes
I always like reading about the invention of seemingly simple or mundane, everyday things in our lives. My favorite may be the story of the guy who invented Post-It Notes for 3M. It was initially for his wife to easily mark pages in her books and Bible.
Posted on 5/25/20 at 11:48 am to rickgrimes
quote:
Rosenstein lives in a cooperative living space in San Francisco's Mission District, called Agape.[20] He has also committed to giving away most
Weirdest part to me.
Nearly a billionaire and he lives in a nerd dorm.
Posted on 5/25/20 at 12:33 pm to rickgrimes
Good for him. What does a nerd do with that much money? I guess more nerd things. He should’ve stopped after cashing out and leaving Facebook. Asana sucks and it’s his fault.
Posted on 5/25/20 at 1:26 pm to rickgrimes
Something tells me he is quite ladies man at the moment
Posted on 5/25/20 at 1:27 pm to rickgrimes
quote:
Rosenstein
quote:
Zuckerberg
quote:
Moskovitz
Posted on 5/25/20 at 1:56 pm to rickgrimes
Given how much money they’ve made by using these features to get a third of the planet addicted to their platform, I’d say Facebook got a pretty good bargain out of that deal.
Posted on 5/25/20 at 2:20 pm to rickgrimes
The like button, and all the various social media iterations, is seriously the genesis of social media toxicity. frick this guy.
Posted on 5/25/20 at 3:34 pm to rickgrimes
The ultimate is the Korean dude who took shares to pai t so e graffiti in the lobby.
David Choe is worth 300 million from painting some shite in their office.
David Choe is worth 300 million from painting some shite in their office.
This post was edited on 5/25/20 at 3:36 pm
Posted on 5/25/20 at 3:36 pm to rickgrimes
I wonder how much chicken gave circus child for adding the up/down votes?
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