The only way to become a billionaire is to solely work in your own best interest, and steal the value produced by the labour of your employees.
How exactly did Cuban do that? All he did was be on the winning end of an incredibly bad transaction by Yahoo, and parlayed that into being on TV a lot.
Do you think he just magicked up an investment? He built a company bought by yahoo. How do you think he created the company broadcast up to that point? By himself? Or did he perhaps have employees who did the hard work?
Interview with Broadcast.com’s original founder who made bank, his brother who invested $2,500 made $850M and mentions his girlfriend, who also invested, made millions as well. Any employee who had shares in the company which is often the case (you really need citations for how this works?) also would have made a lot of money.
None of those investors were employees. I know exactly how it works.
Beyond a vague “any employees who had shares…” which, yeah, obviously. Which they would have had to purchase. Which anyone could do, regardless of being an employee
How exactly did Cuban do that? All he did was be on the winning end of an incredibly bad transaction by Yahoo, and parlayed that into being on TV a lot.
Do you think he just magicked up an investment? He built a company bought by yahoo. How do you think he created the company broadcast up to that point? By himself? Or did he perhaps have employees who did the hard work?
Building the company isn’t what made him a billionaire. Yahoo grossly overpaying for it is what made him a billionaire.
And those employees also made a shitload of money. GTFO with this communist agenda propaganda
[citation needed]
http://mixenergy.com/interviews/chris-jaeb-broadcast-interview/
Interview with Broadcast.com’s original founder who made bank, his brother who invested $2,500 made $850M and mentions his girlfriend, who also invested, made millions as well. Any employee who had shares in the company which is often the case (you really need citations for how this works?) also would have made a lot of money.
None of those investors were employees. I know exactly how it works.
Beyond a vague “any employees who had shares…” which, yeah, obviously. Which they would have had to purchase. Which anyone could do, regardless of being an employee
Most tech startups, especially at that time, would offer stock in lieu of better pay
Talking very generally now - what happened to the full throated defence of cuban?
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