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OK, that beats my "I made $25,000 on the VA Linux IPO simply because I was an early sourceforge user and got invited to the friends and family program".
by dekhn 4y ago
OK, that beats my "I made $25,000 on the VA Linux IPO simply because I was an early sourceforge user and got invited to the friends and family program".
- jedberg 4y agoI had a buddy in college who made $25K on the VA Linux IPO for the same reason. He used it to pay for a used car and a couple year's tuition. Good times.
- dekhn 4y agoours paid for part of a new car. I later ended up working with the people who set all this up- VA Linux employees- and they got nothiung because the stock crashed after that.
- jboy55 4y agoEric Raymond (ESR) was a director of VA Linux. I remember seeing on Yahoo Finance in '00, but haven't been able to find again, that on Dec 30th or 31st, 1999 he exercised options for a 'gain' of around $2 million. He was locked from selling until around April. At that point all of his stock was worth around $6 million, which might have covered the AMT tax bill. Edit: Found the log, not sure if "Aquired via Exchange" was a taxable event. If it is, there are a bunch https://web.archive.org/web/20000617155153/http://biz.yahoo.com/t/l/lnux.html https://web.archive.org/web/20000617155153/http://biz.yahoo....