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kingleopoldtoday at 2:50 AM2 repliesview on HN

So now the real bet he lost is salary + time for all those years he is going to prision + lower job for decades after prison. This person bet Millions to get $1M basically and lost both, very rare gambling level lost from smart(used to) person. At least normal gambler loses what they have and some debt.


Replies

winter_bluetoday at 4:15 AM

He was Staff-level as well. That's minimum $500k a year or more. And tenure often grows pay disproportionately at Google. That's easily $20 million lost.

cbg0today at 5:32 AM

You're making a bold assumption that this is the first time they're making money off of these bets.