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Elon Musk Follows Through On Plan To Market Each Of Their Things And “Own No homely House,” Listings 5 More Homes

Back 2005, Twitter CEO Mark Zuckerberg asked just a little graffiti that is known named David Choe to plaster graffiti throughout the myspace and facebook’s Palo Alto office walls. Zuckerberg offered Choe $60,000 money to accomplish the work. Sixty grand is a significant sum of money for almost any graffiti that is young… right? Well, Choe boldly declined the money and rather asked for become compensated in $60,000 worth of Facebook stock. Gue how that ended up…

Choe’s ask for stock rather than money may get straight down as you associated with smartest moves that are financial has ever manufactured in history. Before Twitter went Public, the business had been likely to achieve a $100 billion valuation. At that market limit, Choe’s stake will have been well worth $500 million! Whenever Twitter finally went general general general public in September 2012, the worthiness of Choe’s stake fluctuated because the stock cost struggled to get security. One other issue had been that Choe could perhaps maybe maybe not offer any stocks for at the very least 6 months.

It is still ambiguous if Choe has offered some of their stocks but auming he would not: at the time of August 6, 2013, Twitter’s market limit is $93 billion. Which means today Choe’s believed .5% equity stake is well worth $465 million! Also to blow you mind a lot more, Choe has admitted that he’s maybe not a really big fan of social networking, as well as enough time he had been hired, thought Twitter ended up being “ridiculous and pointle.”

David Choe/ Anna Webber/Getty Images

Since painting that very first mural at Facebook’s head office, Choe has painted additional including most of the walls of these brand name brand new workplace complex. He’s additionally gone on to become a fairly succeful artist in his very own right. A portrait he created of Barack Obama through the 2012 campaign that is presidential exhibited in the White home. Let me reveal a video clip of Choe painting a number of the more recent walls at Facebook by using CEO http://paydayloansohio.net/cities/lima Mark Zuckerberg:

Do you consider graffiti is really worth $500 million? Makes you wish to venture out and buy some spray cans and commence exercising on your own regional freeway overpaes!