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Internet Stock Options

Recently, in Red Herring, Charles Conn, CEO of Ticketmaster Online-City-Search explained the difficulties of hiring people in San Francisco: "Everyone seems to know someone whose company just got bought for millions of dollars," and according to Conn, job seekers in the Internet industry put stock options high on their list of benefits and incentives. This week's In The News examines stock options as they affect high-tech companies and their employees. On July 1, 1999, The San Francisco Chronicle reported that 42 local companies, mainly Internet start-ups, had gone public in the preceding six months with the astounding gain of 138 percent. Throughout the Silicon Valley, employees of computer companies are hedging their bets, hoping that the companies they work for will be the next eBay or Amazon. However, the chances of striking it rich through Internet stock options are slim. High-tech employees move from company to company looking for better options at promising start-ups, while computer companies improve their option packages in order to entice their workers to stay. The seven resources discussed provide news, articles, and background information on the lures and pitfalls of Internet stock options.
Archived Scout Publication URL
Date of Scout Publication
July 15th, 1999
Date Of Record Creation
April 9th, 2003 at 10:29am
Date Of Record Release
April 9th, 2003 at 10:29am
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