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Back 2005, Facebook CEO Mark Zuckerberg asked just a little known graffiti artist known as David Choe to plaster graffiti all around the social networking’s Palo Alto workplace walls. Zuckerberg offered Choe $60,000 money to perform the task. Sixty grand is a significant sum of money for just about any graffiti that is young… right? Well, Choe boldly declined the bucks and rather asked for become compensated in $60,000 worth of Facebook stock. Gue how that turned out…
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Choe’s ask for stock as opposed to money might go straight down as you associated with the smartest moves that are financial has ever built in history. The company was expected to achieve a $100 billion valuation before Facebook went Public. At that market limit, Choe’s stake will have been well well worth $500 million! Whenever Twitter finally went general public in 2012, the value of Choe’s stake fluctuated as the stock price struggled to find stability september. One other issue had been that Choe could perhaps maybe not offer any stocks for at the least half a year.
It really is nevertheless uncertain 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 predicted .5% equity stake could be well worth $465 million! And also to blow you mind even more, Choe has admitted that he’s maybe not a tremendously big fan of social networking, and also at the full time he had been employed, thought Twitter had been „ridiculous and pointle.”
David Choe/ Anna Webber/Getty Images
Since painting that very very very first mural at Twitter’s head office, Choe has painted a lot more including all of the walls of the brand name brand new workplace complex. He’s got additionally gone on to be a fairly succeful musician in their own right. A portrait he created of Barack Obama throughout the 2012 Presidential campaign had been presented in the White home. Listed here is a video clip of Choe painting a few of the more recent walls at Facebook with the aid of CEO 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 in your neighborhood freeway overpaes!
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