Cha-Ching ⇥

The reason I’m posting a bunch of links regarding the big Instagram deal is because I don’t think anyone saw this coming. It’s pretty shocking.

Anyway, Mike Isaac over at Wired magazine notes what each of the employees will be receiving. Suffice to say, it’s a huge paycheque, especially for the CEO:

[Instagram CEO Kevin] Systrom owns 40 percent of Instagram, according to a source close to the company, who provided Wired with figures from 2011. That will net Systrom $400 million to take home as a result of the deal.

Isaac also notes that Instagram’s 13 part-time employees each get a portion of a $100-million pool. That’s one enormous payday.