3 ms·
It's the difference between your stock options being worth $0 (in the case of Google), and they being potentially worth 10X (in the case of Facebook). I'd say
by dstein 16y ago
It's the difference between your stock options being worth $0 (in the case of Google), and they being potentially worth 10X (in the case of Facebook). I'd say 10X is a pretty big difference.
- guelo 16y ago$0? GOOG is at $624, I'm sure there are a lot of googlers sitting on options with $300-500 prices.
- jamesaguilar 16y agoConsidering the repricing [1] that occurred earlier this year, yes. [1] http://googleblog.blogspot.com/2009/01/announcing-googles-employee-option.html http://googleblog.blogspot.com/2009/01/announcing-googles-em...
- adambyrtek 16y agoThis is from Jan 2009, not this year, and I'm sure you're aware of the fact that the downfall affected the whole economy, not Google in particular.
- jamesaguilar 16y agoOops. Memories fade. At any rate, my point is that a lot of people have options with a low strike price. I'm not sure what the downfall of the economy has to do with this fact.