{"id":24,"date":"2022-04-06T14:30:06","date_gmt":"2022-04-06T14:30:06","guid":{"rendered":"https:\/\/www.ashwinl.com\/ideas\/long-ago-twist-yields-ballmer-a-fortune-in\/"},"modified":"2024-12-30T00:54:40","modified_gmt":"2024-12-30T08:54:40","slug":"evolution-of-ballmers-unique-compensation-structure-at-microsoft","status":"publish","type":"post","link":"https:\/\/www.ashwinl.com\/ideas\/evolution-of-ballmers-unique-compensation-structure-at-microsoft\/","title":{"rendered":"Evolution of Ballmer’s Unique Compensation Structure at Microsoft"},"content":{"rendered":"

Ballmer didn\u2019t join Microsoft until 1980, four years after the software company was founded<\/b>. <\/p>\n

<\/p>\n

become employee No. 30<\/b>, with the hazily defined title of \u201cbusiness manager.\u201d<\/b> <\/p>\n

<\/p>\n

agreed to pay Ballmer not just an annual base salary of about $50,000<\/b> but also 10% of all the profit growth he could generate<\/b>.<\/p>\n

<\/p>\n

didn\u2019t make sense for Microsoft to keep operating as a private partnership<\/b>, with Gates owning 64% and Allen holding the other 36%. Marquardt wanted Microsoft to reorganize as a corporation<\/b> with wider stock ownership<\/p>\n

<\/p>\n

Before long, Ballmer and Marquardt presented Microsoft\u2019s founders with a proposed new capital structure. Gates and Allen would keep 84% of the company. Ballmer would get about 8%<\/b>, in return for canceling his profit-sharing clause<\/b>. All other employees would split the final 8%.<\/p>\n

<\/p>\n

<\/p>\n

<\/p>\n

https:\/\/www.forbes.com\/sites\/georgeanders\/2014\/09\/30\/long-ago-twist-yielded-ballmer-a-fortune-in-microsoft-stock\/<\/a><\/p>\n

Long-Ago Twist Yields Ballmer A Fortune In Microsoft Stock<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ballmer didn\u2019t join Microsoft until 1980, four years after the software company was founded. become employee No. 30, with the hazily defined title of \u201cbusiness manager.\u201d agreed to pay Ballmer not just an annual base salary of about $50,000 but also 10% of all the profit growth he could generate. didn\u2019t make sense for Microsoft […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/24","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/comments?post=24"}],"version-history":[{"count":2,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/24\/revisions"}],"predecessor-version":[{"id":1918,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/24\/revisions\/1918"}],"wp:attachment":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/media?parent=24"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/categories?post=24"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/tags?post=24"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}