Twitter CEO Jack Dorsey Is Giving giving 33% of his Twitter stock to staff

Twitter CEO Jack Dorsey Is Giving giving 33% of his Twitter stock to staff

November 3, 2015

Twitter's new CEO Jack Dorsey has enough money to go round. To such an extent, indeed, that he's declared that he's giving 33% of his stock property in the online networking organization to his representatives.

In a tweet, Dorsey declared that he'll giving back 33% of his roughly 22 million shares of stock to the representative value pool, where they'll be conveyed amongst staff. Altogether that is around $200 million in stock.

Of the news, he clarified that he'd "preferably have a little piece of something huge than a greater piece of something little. I'm certain we can make Twitter huge!" Well, that, and the remaining $400 million worth of stock, in any event.

Still, it may help remaining Twitter representatives look on Dorsey all the more affectionately, given he simply sacked 336 of their collaborators.



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