Snapchat offered a 0.11% stake to the guy who designed iOS

A 0.11% stake in a company that has a single messaging app may not seem like much, but when that company is Snapchat, an 0.11% stake could net you around $16.5 million. That’s exactly what Scott Forstall, an ex-Apple executive, was given when he joined Snapchat as the startup’s adviser. If that seems like a lot of cash for an adviser, keep in mind that Steve Jobs hand picked this guy to design iOS.