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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 by rickgrimes
Member since Jan 2011
4181 posts
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 by Scruffy
Kansas City
Member since Jul 2011
72196 posts
Posted on 5/25/20 at 11:14 am to


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 by Cosmo
glassman's guest house
Member since Oct 2003
120439 posts
Posted on 5/25/20 at 11:14 am to
quote:

Rosenstein



Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 5/25/20 at 11:15 am to
Well, they weren’t worth $150/share in 2007, so the headline is very misleading.
Posted by JetsetNuggs
Member since Jun 2014
13988 posts
Posted on 5/25/20 at 11:16 am to
So this is the frick that’s responsible for people being ridiculously self-centered
Posted by FAP SAM
Member since Sep 2014
2882 posts
Posted on 5/25/20 at 11:16 am to
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 by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10056 posts
Posted on 5/25/20 at 11:17 am to
That stock wasn’t worth shite in 2008. Their IPO was in 2012 at $38 per share.
Posted by Lawyered
The Sip
Member since Oct 2016
29500 posts
Posted on 5/25/20 at 11:19 am to
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 by LegendInMyMind
Member since Apr 2019
54923 posts
Posted on 5/25/20 at 11:20 am to
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 by Bjorn Cyborg
Member since Sep 2016
26945 posts
Posted on 5/25/20 at 11:48 am to
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 by Erebus
Member since Jan 2019
574 posts
Posted on 5/25/20 at 12:33 pm to
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 by Fat and Happy
Baton Rouge
Member since Jan 2013
17067 posts
Posted on 5/25/20 at 1:26 pm to
Something tells me he is quite ladies man at the moment
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 5/25/20 at 1:27 pm to
quote:

Rosenstein


quote:

Zuckerberg


quote:

Moskovitz


Posted by funnystuff
Member since Nov 2012
8358 posts
Posted on 5/25/20 at 1:56 pm to
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 by UMRealist
Member since Feb 2013
35360 posts
Posted on 5/25/20 at 2:20 pm to
The like button, and all the various social media iterations, is seriously the genesis of social media toxicity. frick this guy.
Posted by Strannix
District 11
Member since Dec 2012
49037 posts
Posted on 5/25/20 at 3:34 pm to
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.
This post was edited on 5/25/20 at 3:36 pm
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65505 posts
Posted on 5/25/20 at 3:36 pm to
I wonder how much chicken gave circus child for adding the up/down votes?
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