Re: a question about "atmospheric" benefits

Subject: Re: a question about "atmospheric" benefits
From: Bruce Byfield <bbyfield -at- axionet -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Tue, 07 Nov 2000 14:16:31 -0800

Bill Swallow wrote:
>
> --- Bruce Byfield <bbyfield -at- axionet -dot- com> wrote:
> > I don't know: does anybody take a job for the stock
> > options these days?
>
> They are a nice perk, but they are not a decision
> factor for me. They rank up there with casual dress
> and flexible hours...
>
> I had a chunk of stock from a former employer. How
> happy I was when they hit $2/share.
>

I once walked away from 30,000 shares. The pay was low, the company
was a long way from doing an IPO, and I wasn't going to stick around
three years to get the share. More importantly, even at the inital
valuation, I would just barely be reimbursed for the over time that
I was expected to do in return over those three years.

I quit that job, and took one that gave me more money up front. I
may get some options out of it later, but, even if I don't, I feel
that the company's playing straight with me. Instead of leading me
on with jam tomorrow, it's giving me jam today.

--
Bruce Byfield, Outlaw Communications
Contributing Editor, Maximum Linux
604.421.7189 bbyfield -at- axionet -dot- com

"A polite conformity with the notions of fools is a necessary
protection."
- Edgar Pangborn, "Davy"

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