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More than twelve users have sold stock options for more than $100M? Hello Larry, Sergey, Eric, and Tim! I would have suspected you were too busy to read HN.
by codex 13y ago
More than twelve users have sold stock options for more than $100M? Hello Larry, Sergey, Eric, and Tim! I would have suspected you were too busy to read HN.
- JOnAgain 13y agoIf they've netted that much, that means they've sold. As such, there's a good chance they've retired, or at least only work on their own side projects now. Not everyone sells a company and then starts another one. Also, rich people have access to the same internet. Is there an "interesting shit about programming but only for rich people site" that I don't know about?
- codex 13y agoThe number of people who have sold more than $100M in options (as opposed to founders' stock) is likely quite small, no? The poll is now up to 38.
- hello_newman 13y agoI wonder if it is true, or if it is someone just clicking on it for shits and giggles. I've often wondered who exactly reads HN.
- mixmax 13y agoHN is the best tech news aggregator on the net. Where do you think Larry, Sergey, Eric, and Tim get their news from? There are probably a lot more household tech names on HN than you'd initially expect.
- nostrademons 13y agoLarry, Sergey, Eric, and Tim get their news from private research departments in their own firms. They may occasionally browse HN for downtime, but I really doubt they have time to read through it in depth. Hell, I'm just a lowly engineer and I rarely have time these days to read through it in depth. Now, many of the employees of these companies frequently browse HN, and that can sometimes filter upwards if there're relevant or interesting articles there. In general executives rely on people specifically paid to sort through information for them, though. (Though I've heard Larry, Sergey, and many Google executives are big Google Reader users...I guess they'll have to find a new RSS reader now.)
- late2part 13y agoI don't know Larry or Sergey, and I'm not a big fanboi of theirs, but I do know some very wealthy, successful, and powerful people. I can assure you - very few tech executives have staff members and assistants filter public information for them. Yes, you want your internal folks to do executive summaries of internal plans/summaries/designs, etc. And yes, they'll pay $5k/year (or more) to buy analyst reports that summarize things (e.g. bad example Cook Report on the Internet [that'll date me], or Gartner/etc reports). But Jim Crowe at Level3 read RFCs, and I believe that people like Larry Ellison, Sergey, Zuckerberg, Marc Andresson, Marissa Meyer are reading the real source stuff. They're just doing it in a discrete manner and not posting. Executives that ONLY rely on the people that report to them are relics of an age of bankers and dinosaurs. Real tech leaders remain technical and close to the source.
- citricsquid 13y agoEvery time polls happen here people openly vote for every option to "show how broken the HN poll system is" and to "prove that PG should make it so only one option can be selected", every now and again people gloat about doing it. It's really really lame.
- nilsbunger 13y agoIf you had a (very) successful company exit where you made more than $100M, you would stop reading HN?
- hyperbovine 13y agoPretty sure I would double up.
- wging 13y agoWho is Tim?
- sootzoo 13y agoTim Cook, I'd imagine.