Slashdot Mirror
Inside the Billion-Dollar Hacker Club
An anonymous reader writes "Here's an inside look at the personal successes of the elite hacking group "w00w00". From the article: 'For this group of old friends, assembled for an impromptu reunion, the venue would feel familiar: an online chat room running on a secure private server. Each were former members of the elite hacking group "w00w00" and they had reconvened that afternoon to celebrate and share in the success of one of their own. In some ways it was just like old times. But rather than success being the discovery of a new software exploit or penetration of a computer network, this was something more extraordinary. One of the group's former members had just sold their company for $19 billion dollars."
http://techcrunch.com/2014/03/...
The problem with slashdot is that most of its users were bullied and stuffed into lockers as kids!
The other 3 billion is for retention bonuses http://techcrunch.com/2014/02/...
It sounds like a lot of money, but I understand about $12 billion is in bitcoin, er, facebook stock.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
I hate it when highly speculative and non liquid asset classes are reported in the media as cash. It shows genuine lack of good faith to do this.
By this metric, anyone can be a *illionaire. Just form your own company, then come up with ridiculous IP and have your company bond the IP (with UCC statement) to a "value" that you and your company agree upon! You can be a billionaire or whatever you like. What's that you say? Such shenanigans is acting in bad faith and nobody in their right mind would give you that amount in trade for your worthless UCC statement, so it is not fair to report its TRUE value as $1 Billion (CASH)? Ok, now you see my point --- the same is true with all these speculative asset classes that are backed by nothing.
Inside the Billion Dollar Kindergarten - One of the kindergartens former students recently sold their company for $19B. ...
Inside the Billion Dollar High School - A former student recently sold their company for $19B.
Correction : It's the guy who just sold everybody's "contacts list" to Facebook for $19billion.
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And everyone cheered