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Lower-ranked employees who received equity compensation, which is largely undisclosed, may have also received such a windfall.
On Friday's show, this was the case for two of the companies, BevBuckle and BuggyBeds, that received equity financing.
These would be hived off in four companies to be listed on the stockmarket separately, in each of which RIL shareholders received equity.
Icon received equity backing for the deal from the private investment firm Rizvi Traverse Management, and a financing commitment from Jefferies & Company.
When Fogelson joined STX, he took a salary a quarter the size of his compensation at Universal — but he also received equity that, in success, will be worth many times that.
So as a condition of granting licenses, the major record labels and Merlin, an organization that represents independent labels, received equity stakes in Spotify that are now worth billions of dollars.
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When outside directors are recruited, they receive equity, not cash.
Wealth is tightly linked to success; founders and executives receive equity in their companies and restrain annual salaries.
Mr. Bodson said that under the new plan, creditors would receive equity in Dictaphone and L.& H. instead of cash.
In turn, Lucent retains various degrees of ownership, although the scientists do not work for Lucent but receive equity in the start-up.
In exchange for their investment, the fellows will receive equity and two PhilanTech board seats (one for the $50,000 investment, and a second for the additional money raised).
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