Dude earns $200mm by doing a paint job for Facebook
From the NYT:
SAN FRANCISCO — The graffiti artist who took Facebook stock instead of cash for painting the walls of the social network’s first headquarters made a smart bet. The shares owned by the artist, David Choe, are expected to be worth upward of $200 million when Facebook stock trades publicly later this year.
http://www.nytimes.com/2012/02/02/technology/for-…
Fuck, I need some luck in my life.
Hahahahahaha. This is simultaneously the most depressing and most hilarious shit I've read in a while. That is literally hitting the lotto.
Good for him. Most success in life is determined by luck and other factors beyond one's control.
Hahaha, I don't even know. Good foresight on the artists part but damn...who knew?
Hetfield, you bastard. This was my lead off Bonus Banana tomorrow! Fucking great story.
This sounds like some bullshit that a journalist who can't do basic math came up with. Do you guys really believe that facebook would have given away 0.2% of the company for a couple of grafiti paintings when they could have paid like 5K? It was probably more like 0.02% (at the most), which would be worth 15-20MM today, which is still mind blowing luck.
shit... i could have done the outlines lol
such bullshit
This is the best part:
Mr. Choe, who has said at the time that he thought the idea of Facebook was “ridiculous and pointless,” nevertheless chose the stock.
Hahahaha
I mean I would probably take the stock. Unless he was abjectly poor at the time, getting paid $3k or whatever doesn't seem like a better deal than taking a risk. They said the guy was and is still independently wealthy, so taking a $3k bet on a risky asset probably wasn't a huge thing. And it obviously paid off.
it was probably an ice cream paint job.
this is absolutely mind numbing.
oh my god.... i am speechless.
what the fuck... seriously??
I think this guy got lucky because Mark Zuckerberg is such a nice guy, who handed out stocks to his employees, friends, or neighbors like a candy when he was starting Facebook.
Zuckerberg got sued and ripped from all of this formal friends who didn't do shit to help Facebook grow asking for millions in compensation. Just go watch the Social Network.
as they say, "It's about who you know, not what you know". Getting to know a guy like Zuckerberg is the luckiest thing that can happen to an individual.
what credentials do i need to start a "painting for equity" business in silicon valley?
Actually, this was more Sean Parker's deal than Zuck's. Parker was running the show when this jamoke showed up with his rattle cans.
It is ridiculous how some random dudes who happened to know Zuckerberg, but who were in no way involved in contributing to success or development of Facebook in any shape or form, got lucky or sued Zuckerberg, getting hundreds of millions for very ridiculous reasons...
Praesentium vitae eum facilis eos. At dicta aut repudiandae corrupti. Suscipit voluptatem itaque eius harum numquam. Atque distinctio quo est quo eum quia ad. Ut consequatur qui in expedita hic maiores.
Quidem rerum esse voluptatem tempore. Quis qui possimus esse est. Consequatur voluptatem quam dolorem ratione.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...