alt Hacker NewsIt’s the other way round. For 30 years he has happily believed that he received 16k shares. Now he learns that he was owed another 7k at the time but neither party in the transaction noticed and he wants them to pay the difference now.
Replies
mypalmike • today at 7:15 AM
It’s not even shares though, which he would have a much stronger case with. It’s options, which inevitably have an expiry date.
imtringued • today at 8:05 AM
Nvidia's share price at the IPO was $12 and his strike price was $0.05. He's owed the monetary value of those options, basically ($12-$0.05) times number of options and that should be around $100k+. He was never owed shares.
Presumably he kept those 16k shares and is sitting on $2b, so why bother with the hassle. Normal people don’t care about the second billion.
Or he sold them years ago for far less than they are worth now, in which case he could have a claim for the original shares which were worth a few k after interest.