After a long debate finally Facebook filed the S1 registration with the Security & Exchange Commission (SEC). It will make Facebook get much closer to its IPO on the stock exchange. It also means people got insight to company ownership, operations and vice versa. Besides the fantastic number of its profit with monthly 845 users, there’s a surprising fact related with a graffiti artist. David Choe now has a mutual relationship with the company.
Back in the early days of Facebook, Mark Zuckerberg, Founder & CEO of Facebook, asked artist David Choe to paint the interiors of their offices. Seemingly it isn’t a cash payment. Zuckerberg offered stock options which Choe finally deal with that. Now, Facebook is filling for an IPO and the filling potentially could value the company at $50 billion. If Choe then prefer the cash way, he would earn…equivalent to $200 million. The number making him equal with Damien Hirst as one of the richest artist and certainly the richest graffiti artist around.
According to The New York Times, Choe first got involved back in 2005 when then Facebook President Sean Parker (also of Napster fame) asked the artist to paint murals at its Palo Alto headquarter. He asked whether he wanted cash or stocks for the work, the talented artist wisely chosen stocks even when he thought Facebook would come to little success. Choe was praised he’s wise enough to keep his stock until now.
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