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David Choe

took Facebook stock for graffiti

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In the moments

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Story

David Choe took $50K of Facebook stock to paint their office, made $200M+

Sam tells how artist David Choe, hired by Sean Parker to paint Facebook's early office, chose $50K in stock over $50K cash because he's a gambler. After the IPO that wall art was worth roughly $200-300 million.

“Sean Parker goes, "Well, you want $50 grand in cash or $50 grand in Facebook stock?" He goes, "Well, I'm a gambler. Give me the stock." He takes the stock and it's worth like $300 million a few years after Facebook goes IPO.”
EP 215 · 1:12:16 · SAM
Read at 1:12:16
mfmindex.com№ 0215-4336
Story

The painter who took Facebook stock for graffiti and made $100M

Sam recounts artist David Choe being asked to paint graffiti on Facebook's early office wall; offered $50K or $50K in stock, he took stock — and it eventually turned into roughly $100 million.

“He, uh, the painter David Cho. They're like, hey, can you paint Hey, paint some graffiti on our wall. And he goes, yeah, all right, it's gonna be 50 grand. And they go, how about 50 grand in stock? And he goes, oh yeah, okay. And so he made $100 million off of it.”
EP 114 · 23:34 · SAM
Read at 23:34
mfmindex.com№ 0114-1414