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Rank: One of the Main Weird
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Joined: 10/30/2007
Posts: 296
Points: 747
Location: Houston, Texas
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How would that work? The stock was introduced in Mid 2004 or something wasn't it?
You pay a penalty if you remove before 4 yrs?
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Rank: Admin
Groups: Administration
Joined: 10/20/2007
Posts: 1,525
Points: 3,139
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Dardore wrote:How would that work? The stock was introduced in Mid 2004 or something wasn't it?
You pay a penalty if you remove before 4 yrs?
The stock was sold to the public then, most of these people probably got it (or options) when they started working there. They probably promised them x amount of available purchase during the IPO then set aside another x amount that they would get when they vested (so they could keep them during the IPO and all those people just didn't sell on the IPO and up and leave).
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Rank: One of the Main Weird
Groups: Member
Joined: 10/30/2007
Posts: 296
Points: 747
Location: Houston, Texas
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This is definetely Friday afternoon reading. But VERY interesting takes on Google stuff to come: http://www.forbes.com/free_forbes/2007/1126/048.html?partner=yahoomag
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Rank: Completly bathed in our weirdness.
Groups: Member
Joined: 10/29/2007
Posts: 103
Points: 330
Location: Palo Alto
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Cyanbane wrote:he might have just hit his 4 years vest period and is cashing out as soon as possible (so he can quit and move on). Google is probably having an insane brain-drain right now. I know if I was in at the beginning I would have cashed out as soon as I hit vest and then took a long vacation on some island I might buy :) Which is why i'm applying to work there... They used to only take people from Stanford and other high end school around here but they have lowered there standered and now taking people from my school (sjsu). So ya i'm applying for a job at google, as the googleplex is only 3 miles (maybe less) from where i live, and hell i could walk to work.
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