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    The $180m payday that ‘meme king’ didn’t share with most staff
    Australia

    The $180m payday that ‘meme king’ didn’t share with most staff

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    11 Comments

    2. Gremlech on

      Selling a business doesn’t produce any value to the economy, running a business does. Also all these guys are ass holes who just want a pay day and can’t adapt to changing conditions. 

    3. Jym_beem_1034534 on

      Please everyone share your thoughts and prayers for a guy, the LNP poster child of hard done by batlers, who would only pocket $12M instead of $18M from the sale of his property marketting company under the changes to CGT.

      Violins at the ready!

    5. Cat_Man_Bane on

      Generally staff don’t get equity in a business. Not really breaking news.

    8. Warm_Championship726 on

      Not all employees are entitled to equity. If the employee wanted an equity stake they could have negotiated it at the commencement of employment or rejected the role to find another start up that offers equity. Why is everyone being critical of someone who has seen success in the sale of a business that he created (AI meme aside)? I am sure I will be downvoted for this but tall poppy syndrome at its best.

    9. Crumbedsausage on

      this guy is so disingenuous. this business built all its value off the back of insane property speculation – which is the real target of the budget’s CGT changes.

      Claiming to be fighting for the voice of start-up employees (I am one) is so gross.

      LinkedIn right now is even more of a cesspool than usual. Wait til you the mental gymnastics of VCs trying to square their enormous holdings of Defence tech companies but dont dare give back to the commonwealth via tax!