Sony e-mails reveal Scott Forstall as Snapchat advisor
Sony e-mails reveal Scott Forstall as Snapchat advisor
Josh Constine:
But given Forstall’s prestigious pedigree and fame for leading Apple’s iOS division, he was granted a wopping .11% fully-dilluted for merely being an advisor, with the options vesting over 24 months.
If Forstall completes his vesting schedule, that stake would be worth $16.5 million judging by the $15 billion valuation Snapchat was recently reported to be raising money at. And given Snapchat’s strong momentum, Forstall’s equity could be worth much more soon.
Not a bad gig if you can get it.