All of Instagram’s Employees Will Become Multimillionaires, Even a Designer Who Started Working There Three Weeks Ago
On Monday, Facebook announced it was buying Instagram for $1 BILLION...that's the smartphone app where you share photos and make them look vintage. And we heard the founder and CEO of Instagram stood to make $400 MILLION.
But all of the OTHER employees are going to make big money too. The company only had 11 people and they'll split around $100 MILLION between them, based on their levels of equity.
So ALL of them will be multimillionaires...even a software designer named Maykel Loomans, who just started working there THREE WEEKS AGO.
Like almost all startups, he traded a lower salary for a stake in the company. So even after less than a MONTH of work, he's going to become a multimillionaire.
Right place, right time, MASSIVE amount of luck.