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Post Reply Is this more common on applications now a day ?
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Posted 6/9/17

ninjitsuko wrote:


Probably not the company I work for. There were quite a lot of companies that ended up just paying for a few rounds at a bar while Comey testified yesterday.

Our CEO makes nothing. His salary is literally $0.00. He's the only executive that doesn't have a take-home salary. He works as much as I do (which is anywhere between 80-100 hours a week) and doesn't ask for anything, keeps his door open for employees and customers (they sometimes like to drop in unannounced), and discloses all financials each month (both in terms of salaries per department and overall business). I'm pretty happy with him. He's not necessarily CEO material if you go by the stereotypical CEO but he gives it his all.


you can't be serious is he on welfare or something ?

It doesn't matter how generous you are in this world, you have to earn money to live. The costs of living are not cheap.
Posted 6/9/17

dulun18 wrote:
you can't be serious is he on welfare or something ?

It doesn't matter how generous you are in this world, you have to earn money to live. The costs of living are not cheap.


He started out as our primary investor - then took over the position of CEO to make sure the ship was steering in the right direction. Since then, he's taken no salary (and hasn't for the last four years I've been working here). He has a high investment portfolio and will often put some of his own money into the fray to ensure that salaries aren't impacted if we go through a small slump. Between our business flow and the tech we're working with, he hasn't had to do that for a while though.
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Posted 6/9/17

ninjitsuko wrote:



He started out as our primary investor - then took over the position of CEO to make sure the ship was steering in the right direction. Since then, he's taken no salary (and hasn't for the last four years I've been working here). He has a high investment portfolio and will often put some of his own money into the fray to ensure that salaries aren't impacted if we go through a small slump. Between our business flow and the tech we're working with, he hasn't had to do that for a while though.


It makes sense now. He's earning plenty of money elsewhere.

Do you know if he will be on the Shark tank show ? they do have guests on that show. I would to him offering a certain amount of money for 0% of the company
Posted 6/9/17

dulun18 wrote:
It makes sense now. He's earning plenty of money elsewhere.

Do you know if he will be on the Shark tank show ? they do have guests on that show. I would to him offering a certain amount of money for 0% of the company


Rofl. I doubt he'll ever go on such a show. He was part of an investment firm for several decades before he went independent (for his own investments) -- gradually he ended up starting to invest into tech companies. He's stubborn when it comes to financials and feels that transparency is best (at least, internally speaking). Though, it has backfired a few times when some of our employees were sniped by rivals.
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Posted 6/9/17

dulun18 wrote:

i guess this is another reason why it's best to avoid those riots like a plague.



it probably depends on what state you live in. here in GA, you get protests in ATL and ran by the city themselves, but they're almost always peaceful so an employer wouldn't care as much as say you live in Missouri, where protests can get violent easily
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Posted 6/9/17

b17bomber wrote:


dulun18 wrote:

i guess this is another reason why it's best to avoid those riots like a plague.



it probably depends on what state you live in. here in GA, you get protests in ATL and ran by the city themselves, but they're almost always peaceful so an employer wouldn't care as much as say you live in Missouri, where protests can get violent easily


as long they will not bother other people or break any law.. i'm sure no one cares what they are doing

the riots are often from the criminals who are doing it for fame imo

in my state

jay walking is illegal
blocking traffic is illegal
it's illegal for bicycles and pedestrians to be on the freeway (unless you car broke down)


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Posted 6/9/17
there's a clear difference between peaceful protests and riots

You don't see a lot of riots in Arizona. They do have planned protests. This is a gun friendly state so if you are destroying people's property or attacking someone for no valid reason, you are asking to get shot. This is not California where you can commit crimes and the police will not do anything about it..
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Posted 6/9/17 , edited 6/9/17

ninjitsuko wrote:



Rofl. I doubt he'll ever go on such a show. He was part of an investment firm for several decades before he went independent (for his own investments) -- gradually he ended up starting to invest into tech companies. He's stubborn when it comes to financials and feels that transparency is best (at least, internally speaking). Though, it has backfired a few times when some of our employees were sniped by rivals.


i'm sure whoever he invested in for 0% of the company will be forever grateful to him

btw, where did you find this guy ? is he some billionaire living in Silicon Valley ?
Posted 6/9/17

dulun18 wrote:
i'm sure whoever who invested in for 0% of the company will be forever grateful to him

btw, where did you find this guy ? is he some billionaire living in Silicon Valley ?


I wasn't the one who found him. Lol.
He was already an investor in the company when I joined. I think it's because he's invested so much money into the company over the years (it's about 10-12 years old) that he simply took over to make sure it didn't crash and burn since the technology is pretty awesome.
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Posted 6/9/17 , edited 6/9/17

ninjitsuko wrote:


dulun18 wrote:
i'm sure whoever who invested in for 0% of the company will be forever grateful to him

btw, where did you find this guy ? is he some billionaire living in Silicon Valley ?


I wasn't the one who found him. Lol.
He was already an investor in the company when I joined. I think it's because he's invested so much money into the company over the years (it's about 10-12 years old) that he simply took over to make sure it didn't crash and burn since the technology is pretty awesome.


Do you know if he watches shows like the Sharktank at all ? If he is willing to work for free i'm sure he can make 1-2 business owner very happy with his investment, i'm sure he will also become a national celebrity over night.

I don't know any investor who will invest their own money for 0% of the company before. He will be the first! You can ask him about sharktank, i'm curious what he will do after watching 1-2 episode(s).
Posted 6/9/17

dulun18 wrote:
Do you know if he watches shows like the Sharktank at all ? If he is willing to work for free i'm sure he can make 1-2 business owner very happy with his investment, i'm sure he will also become a national celebrity over night.


Only things I know of his hobbies is that he likes wine and formula 1 racing. He doesn't understand nor enjoy any type of video games or sports... lol.


dulun18 wrote:
I don't know that any investor who will invest their own money for 0% of the company before. He will be the first! You can ask him about sharktank, i'm curious what he will do after watching 1-2 episode(s).


I believe he used to have a fair amount of shares in the company until he gave them back to us (the employees). Those who had been around for 4-8 years got them. Just in case we ever end up selling. He's only working because he doesn't trust anyone else to steer the ship while still listening to employees' input; at least, that's what he's told us.

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Posted 6/9/17 , edited 6/9/17


You mentioned technology company before. Is it a programming/software related company ?
Posted 6/9/17

dulun18 wrote:
You mentioned technology company before. Is it a programming/software related company ?


Yeah. We have our proprietary software, codecs, algorithms, and a cloud-based infrastructure (which also works on local exchanges/systems). Software startups can burn out quick without the right direction. Thankfully, this guy may not be very tech savvy but he knows who to trust versus those who not to trust. lol.
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Posted 6/9/17 , edited 6/9/17
This topic confuses me: is it not within an employer's rights to decline to hire someone who might cause trouble, or put the company in a bad light? And can't the company itself define its own view of what causes trouble or is detrimental - as long as it isn't actually discriminating against people in a way that conflicts with state and federal law?


ninjitsuko wrote:

Seeing as my company's headquarters are on the DC Metro train loop (well, walking distance of a subway station), we've started adding this as part of the background check. We're doing the opposite of what Rujikin mentioned - we just want to be given a heads-up that you may take off randomly so that we can be flexible with our development sprints, any agile processes are moved to another team member if it's expected to be more than 24 hours off, and the company even paid for a whole bar during Comey's testimony (even those who didn't care much still got free booze, which was good enough for them).


That's a stupid reason to buy out a bar for your employees. It encourages both the circusification of politics and the notion that obsessing about politics is essential to being an enlightened and actualized citizen. Or, well - it's stupid if those aren't the company's goals in doing so. I think I'm so against politics as spectacle that I'd be more likely to offer a bonus for ignoring Comey's testimony and working instead.
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Posted 6/9/17
What job is that? Sounds like it's owned by dr*mpf supporters
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