Jet.com's sale to Walmart just made York County man a millionaire - GoFuckYourself.com

brassmonkey · 09-01-2016, 01:13 PM

YORK, Pa. - Sum up this story with whichever word you like: Luck. Foresight. Jealousy. In early 2015, Eric Martin spent $18,000 in a bid to win a contest being offered by the new startup Jet.com: Sign up the highest number of people for a preview version of the site, get 100,000 stock options.

CNN Money reported the then-28-year-old funneled money to sites like Swagbucks, getting people to sign up in exchange for rewards. More than 8,000 signups later, he was the winner.

And how. With Walmart's Monday announcement of its $3.3 billion acquisition of Jet.com, the man from York, Pa., will likely reap a seven-figure windfall, reports Bloomberg.

"The way I think to describe it is 'occasional hysterical laughing," the 30-year-old says of his reaction. Reports at the time of his win put the potential value of the shares at up to $20 million, but CNBC reports Martin doesn't know the value of his shares, and Bloomberg explains how that number could be higher or lower due to changes in valuation or the distribution of preferential shares.

Jet.com’s sale to Walmart just made York County man a millionaire | WPMT FOX43

09-01-2016, 01:13 PM	#1
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,042	Jet.com's sale to Walmart just made York County man a millionaire YORK, Pa. - Sum up this story with whichever word you like: Luck. Foresight. Jealousy. In early 2015, Eric Martin spent $18,000 in a bid to win a contest being offered by the new startup Jet.com: Sign up the highest number of people for a preview version of the site, get 100,000 stock options. CNN Money reported the then-28-year-old funneled money to sites like Swagbucks, getting people to sign up in exchange for rewards. More than 8,000 signups later, he was the winner. And how. With Walmart's Monday announcement of its $3.3 billion acquisition of Jet.com, the man from York, Pa., will likely reap a seven-figure windfall, reports Bloomberg. "The way I think to describe it is 'occasional hysterical laughing," the 30-year-old says of his reaction. Reports at the time of his win put the potential value of the shares at up to $20 million, but CNBC reports Martin doesn't know the value of his shares, and Bloomberg explains how that number could be higher or lower due to changes in valuation or the distribution of preferential shares. Jet.com’s sale to Walmart just made York County man a millionaire \| WPMT FOX43 __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com