Thursday, February 2, 2012

Facebook Grafitti Artist to Make $200m on IPO

Posted By on Thu, Feb 2, 2012 at 12:51 AM

Here's today's bonkers tidbit from a story about Facebook's impending IPO in the New York Times: In 2005, street artist David Choe painted some murals in Facebook's offices and was offered, as compensation, his choice of either a few thousand dollars or meager 0.1 percent of the company's stock.

He thought the idea of Facebook was "ridiculous." But he chose the stock.

And now he's expected to make $200 million when Facebook goes public.

Learn your lesson from Al Jolson, folks, who allegedly turned down a stock offer of 25-percent ownership in Warner Bros. to make The Jazz Singer, instead accepting $75,000. Take the stock!

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