Facebook #30 employee Noah Kagan reveals why he was Fired (which costed him $185M)

You WILL BE FIRED from your JOB if you DON'T DO these:

1. Never leak any company's data/information outside.
2. At office, put all of your energies only on office work.
3. Never let your work quality dip/slip.
4. Change, if your role or company's environment demands so.

Beware!!! This is NOT a JOKE or a PRANK!

Learn the above mentioned 4 points before it cost you something very important.

Noah Kagan is today the founder of a successful product marketing platform - SumoMe. But he could have been much more financially successful if he hadn't royally messed up.

Noah's Memoir

When Kagan was 24, he joined a 1-Year-old Facebook as its #30th employee.
This was his salary structure:

• $60000 pa
• 00.10% of FB shares (20k shares)

These 20k stock options would have converted to $185M when FB went IPO.

But 9 months after joining FB, he was fired.
In his book & in an ebook, he attibutes his firing to 4 mistakes that his did:

1. He leaked information to TechCrunch
While intoxicated at Coachella, Kagan told TechCrunch founder Michael Arrington about Facebook's plans to expand beyond college students to a professional social network for companies like Microsoft and Apple.
The news was supposed to come out in the morning, but Arrington wrote about it that night after his conversation with Kagan.
A few weeks later, Kagan was fired.

2. He was arrogant and tried to use his role at Facebook to make a name for himself.
Kagan used to host startup gatherings at Facebook's headquarters because he enjoyed showing off where he worked.
Kagan frequently wrote blog posts on his personal site OKDork.com about Facebook's business.
It got to the point where Mark Zuckerberg pulled Kagan off to the side and asked him to choose between himself and Facebook.

3. His work slipped.
Kagan was working with Facebook's co-founder Dustin Moskovitz on deciding which companies were going to be able to join our professional network.
He searched Google for a list of companies.
After a week of pulling together names it was a smorgasbord of random companies with no rhyme or reason to the order of them & presented this list to Dustin.
Dustin was disappointed, & ran some database queries, & aggregated companies based on the company domains FB already had registered on the site, & added to the waitlist for people who couldn't join yet.

4. He wasn't able to keep up with Facebook's growth.
When Kagan joined Facebook, there were only 30 employees and a few million users.
When he was fired, FB had 100+ employees and it was maturing into a corporation where things moved a little slower and there were more people to manage.
Rather than changing his work style to match the changing company culture, Kagan resisted.
When it was chaotic and things needed to get done Kagan was one of the best people in the company but he struggled with projects that dealt with multiple people, organizing a few months build schedule and dealing with politics.

Source:

Businessinsider.in/How-An-Early-Facebook-Employee-Messed-Up-Got-Fired-And-Cost-Himself-185-Million/articleshow/39832407.cms