ClaimVideo · 102:45 — 106:50
Revolut's proposed $50 billion CEO package is primarily about control rather than money—founders increasingly demand supermajority ownership to justify the pain of being public, and this is becoming the norm for generational companies.
The proposed package would give Nick Storonsky up to 40% of Revolut at a $500B valuation—the speakers debate whether this 16% participation rate is justified, concluding that founder control is essential when going public is so painful that founders would rather stay private. ✦ AI generated
Rory · 20VC · 2026-08-13 · original ↗
starts at this moment · 102:45
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“Revolut announced an incentive package to the CEO... Is this the new norm and should every CEO be asking for rated incentive packages alongside valuation bumps?”
I think it's about control. And I think that Elon was very clear on this, I need to control these companies or I'm walking is what he said when the first one failed, right. So if Nick owns 40% of Revolute, he controls like especially with I'm sure a super majority board and all that. It's his company. That's what he wants... giving founders more control over their life's work, which is what it is, is an acceptable price to pay to incentive to go public.
verbatim transcript · starts at 102:45
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