I don’t see why a start-up company founded by a guy who is running for Senate issuing stock options to the 15 year old son of CNN’s chief is such a big deal. I mean what 15 year old doesn’t have an ownership position in a company which is partially funded by Oprah and founded by a potential senator?
I mean, don’t you remember being 15? You kiss your first girl, then your dad’s politically connected friends name you to their company’s board and issue you your first stock options, then you get your license to drive. Pretty typical childhood.
It’s not like Cory Booker might get any favorable press from CNN or CNN might think it had something in it for itself if Booker became a Senator. No, no, this is just business. Nothing to see here. For New Jersey, this is considered on the up and up.
Of course, as the article points out, Booker knew nothing of the board appointment. Ahem.
And who starts a tech company when they are starting a campaign for US Senate?
(From The Daily Mail)
The 15-year-old son of CNN president Jeff Zucker has resigned from his position on the advisory board of Cory Booker’s start-up after it was revealed that the teenager had a leadership role in the company and receiving stock options for his work.
Hours after the news broke that Zucker’s teenage son Andrew was listed as a member of the video aggregation start-up, a CNN spokesman said that he resigned from the company.