Overnight, Braden Wallake went from a LinkedIn-popular marketing entrepreneur to the world-famous ‘crying CEO’ of HyperSocial and HyperSphere. Now people are interested to find out more about him such as salary and net worth.
Wallake posted the “most vulnerable thing” he’d ever shared yesterday (Wednesday, August 10, 2022) to his 33K LinkedIn followers.
In the post, which blew up almost immediately on the social media platform, he talked about his difficult decision to lay off some of his company’s employees.
Braden Wallake’s salary and net worth dominate LinkedIn comments
Following the viral popularity of his LinkedIn post yesterday, numerous users of the platform started asking him about his personal financial circumstances.
“Just curious Braden, did you take a salary cut yourself?” asks one.
Others claimed he should be “taking no salary,” cutting “salary and bonuses” as chief executive or taking a “smaller salary for some months.” Others, however, defended Wallake’s decision, saying they “doubt any CEO would come in and take a $0 salary.”
Net worth not publicly available information
While Showbiz Cast estimates Braden Wallake’s net worth at “somewhere around a million dollars,” the publication doesn’t provide a source for its estimate.
We do know something about his successes as an entrepreneur and businessman, however. The B2B clients of his marketing company HyperSocial have seen $115,000-plus revenue growth in “as little as six months with our services,” his LinkedIn profile states.
Wallake is the self-employed chief executive of HyperSocial and president of HyperSoc1al. He previously worked as a bank teller in downtown Columbus, according to a 2018 piece in Voyage Houston. But unless a company has been publicly floated, knowledge of its value tends to be limited to those who are intimately familiar with its financial affairs.
Wallake is under no obligation to reveal his own personal net worth or the value of his firm. But HyperSocial claims to work with such clients as Hilton Hotels, Chick-fil-A, Wendy’s, Merrill Lynch and Morgan Stanley.
How many employees did Braden Wallake lay off?
According to Fortune’s report on the so-called “crying CEO viral trend,” HyperSocial has 15 employees, which is two fewer than before the layoffs.
That means Wallake appears to have let two employees go yesterday, or at least this week. One of them is Noah Smith, who addressed the situation via a LinkedIn post of his own.
“Yesterday at 4pm,” he wrote, “I jumped on a call with Emily Chucta, COO of HyperSocial, and she tearfully told me the company didn’t have the funds to continue employing me.”
He defended his former boss. To those thinking of employing him, he wrote: “I’m only interested in working for people like Braden Wallake.”
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Sea otter situation explained
Strangely, one or two LinkedIn users have raised the fact Wallake adopted a sea otter in June this year.
“Maybe it’s not a great idea to adopt a sea otter at the beginning of a recession?” they wrote, as quoted in the New York Post. Wallake clarified the adoption was the result of a “donation made on my behalf as a birthday present to me.”
He doesn’t actually have a sea otter “running around our van,” he added.
In the Voyage Houston article, Braden Wallake talks about how he used to make his money. He previously worked as a bank teller. After that, he launched a network marketing company “I thought I was going to get rich from.”
“For a while, I bought and sold electronics on Craigslist/Ebay and made about $100 profit every day for a good while,” he said. In October 2016, he launched HyperSocial, and in May 2017 it made $8,333 in a month.
The post Braden Wallake’s net worth and salary in the spotlight amid crying selfie post appeared first on The Focus.
Source: | This article originally belongs to The Focus
