On October 16, 2PM’s Wooyoung appeared as a guest on the YouTube web variety show Pinggyego, hosted on the channel DdeunDdeun, alongside MAMAMOO’s Hwa Sa.
During the episode, Wooyoung candidly shared his regret over choosing cash instead of shares when re-signing with JYP Entertainment.
Introducing himself as “JYP Director of External Relations,” Wooyoung revealed that he did not hold any shares in the company. He explained, “I don’t really know much about stocks.”
Reflecting on his first contract renewal, he said, “At the time, we were usually given a choice between receiving shares or cash as a signing bonus. Back then, I didn’t know how the company would do. J.Y. Park said, ‘This isn’t about giving you an option. It might look like you’re investing in the company.’ A few days later, he told me, ‘Let’s just give the kids the bonus in cash.’”
Host Yoo Jae Suk commented, “Well, J.Y. Park said it was fine,” prompting Wooyoung to laugh and add, “But looking back, it’s driving me crazy.” JYP’s market capitalization has reportedly increased about 16 times over the past ten years.
When Yoo remarked, “Who could have predicted this back then?” co-host Jo Se Ho asked, “If you could go back in time, how many shares would you buy?” Wooyoung responded honestly, “I probably would have bought them all.”
Yoo Jae Suk added, “Not many people actually made a profit by taking shares back then,” and Hwa Sa empathized, saying, “They offered me shares too, but I said I didn’t know, just like Wooyoung.”
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