Quote:
Originally Posted by grumpy
400 million for investor
100 million for the two guys each
100 million for staff ( 24 people)
some numbers from the news
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Your numbers are a little off according to the BBC article I read:
www dot bbc.co.uk/news/business-17666032
The winners
The biggest winners of the Facebook deal are, of course, the people directly involved with Instagram.
Founder and chief executive Kevin Systrom has reportedly netted $400m; his co-founder Mike Krieger is about $100m richer - all for just under two years' worth of work.
Reports suggest that $100m will be shared out among the other 11 members of staff, some of whom joined the company just a few weeks ago.
And then there are the investors, a roll call of Silicon Valley greats (including Facebook's first chief technical officer).
Kudos, by the way, to the three venture capital firms that reportedly invested $50m in Instagram, valuing the company at just $500m. In less than a week they've doubled their money.
Did I hear anybody say "technology bubble"?