When Mark Cuban sold his internet streaming service Broadcast.com to Yahoo in 1999, 300 of the company’s 330 employees became millionaires overnight, he said.
What they did with their newfound wealth was immediately important to him.
“We had to have people talk to them about how to make sure they kept it” rather than mismanaging the windfall, Cuban recently in an interview with MONEY.
Those days of striking it rich in the dotcom era are gone, but Cuban cited the Broadcast bonanza as an example of one of the most dramatic ways workers today can increase their net worth: by earning equity in the companies they work for.
Image: http://time.com
