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From [0]: > By the time Raymond could legally sell his VA Linux shares in June 2000, they had plunged $31 million in value to a still-impressive $5.5 million.
by no_protocol 10y ago
From [0]:
> By the time Raymond could legally sell his VA Linux shares in June 2000, they had plunged $31 million in value to a still-impressive $5.5 million.
> Thanks to the dot-com bust -- fed in large part by big-hype, no-hope companies like VA Linux, the worth of Raymond's shares had dropped to $195,000, a loss of more than $5 million.
From [1]:
> Back at IPO time I wrote an essay called "Surprised By Wealth" in which I tried to deal with how weird it felt to have a theoretical net worth of $41 million. Am I upset that all that "wealth" is gone, at least until the stock bounces back? Well...yes and no. As a member of VA's Board, it's my job to worry about our stock price, on behalf of all of our stockholders. So I care about that.
> But personally? Nah. I wasn't in this for the bucks then, and I'm not now.
[0] http://workbench.cadenhead.org/news/3149/eric-s-raymond-bazaar-financial-advisor http://workbench.cadenhead.org/news/3149/eric-s-raymond-baza...
[1] http://www.linuxtoday.com/infrastructure/2001022100120OPBZCY http://www.linuxtoday.com/infrastructure/2001022100120OPBZCY