How is peloton justifying that ceo pay when their services don't provide much for an overpriced monthly sub and overpriced bike with lacks of features. Their stock price is only around $3.50, these investors are insane to allow that. I see zero confidence in them.
Because it isn't true even in the slightest. The CEO of eloton got paid $357k prorated salary of $1mm because of the time of the year he started. He was also offered $167mm in stock OPTIONS that vest over 4 years with a strike price of $38.77. He isn't making shit.
Ehhhh. Consider the net worth of the company and the form of the pay. If the CEO is paid in large portion in stock, a $100B company is going to net a massive payout. CEO's also have to declare stock sales, so that pay is not necessarily liquid. So, no, it doesn't piss me off, but it does make me jealous. More folks should learn the difference and relationship between jealousy and anger.
How is peloton justifying that ceo pay when their services don't provide much for an overpriced monthly sub and overpriced bike with lacks of features. Their stock price is only around $3.50, these investors are insane to allow that. I see zero confidence in them.
Because it isn't true even in the slightest. The CEO of eloton got paid $357k prorated salary of $1mm because of the time of the year he started. He was also offered $167mm in stock OPTIONS that vest over 4 years with a strike price of $38.77. He isn't making shit.
This is actually insanity. How 1 person can make this in a year. Almost surreal
Ehhhh. Consider the net worth of the company and the form of the pay. If the CEO is paid in large portion in stock, a $100B company is going to net a massive payout. CEO's also have to declare stock sales, so that pay is not necessarily liquid. So, no, it doesn't piss me off, but it does make me jealous. More folks should learn the difference and relationship between jealousy and anger.
Totally agree but I think you mean envious. Not jealous. Envious is wanting what someone else has. Jealous is fear of losing what you already have.
@@TubaFaah You are correct!
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