"Twitter Inc. Chief Executive Officer Jack Dorsey is giving a third of his Twitter stock to the company’s employees, he said in a tweet today.CEO Jack Dorsey Gives a Third of His Twitter Stock Back to Employees - Bloomberg Business
The shares amount to 1 percent of the San Francisco-based company, worth about $200 million. The move is to “reinvest directly in our people,” he said Thursday. It will go into the employee equity pool.
“I’d rather have a smaller part of something big than a bigger part of something small,” Dorsey tweeted. “I’m confident we can make Twitter big!”"
Friday, October 23, 2015
CEO Jack Dorsey Gives a Third of His Twitter Stock Back to Employees - Bloomberg Business
Also see Jack Dorsey is giving almost 20% of Square to an organization serving struggling communities (Quartz)