article thumbnail

The Great Internet Stock Correction of 1997, or 1999, or …

Feld Thoughts

In 1999 we filed an S-1 to take Sage Networks public. Most have an agenda or a vested interest. The post The Great Internet Stock Correction of 1997, or 1999, or … appeared first on Feld Thoughts. I was a co-founder and co-chairman. Lots of folks are going to pontificate about what is going on in the public markets.

Stock 140
article thumbnail

I Don’t Hate Crypto

Feld Thoughts

I sold the FIL I got from investing in their SAFT as it vested (daily) and was amazed at how much money resulted. It’s like the Internet was in 1999 – ahead of its time. I accidentally bought twice as many bitcoins as I needed for an online programming course I took in 2013 for about $100 each. That’s cool.

Vesting 146
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Stock Options – Why A Good Deal Has Gone Bad

Steve Blank

Startup employees calculated that a) their hard work could change the odds and b) someday the stock options they were vesting might make them into millionaires. The stock trickled out over four years, as you would “vest” 1/48 th of the option each month. Essentially the company sells them the stock at zero cost, and they reverse vest.

article thumbnail

Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

And weirdly the buyers of this technology often have a vested interest in buying from the incumbent. In 1999-2000 they weren’t doing enterprise-wide installations at Merrill Lynch, Dell and Cisco. In fact, the incumbent is usually very dismissive of this new competition as our the large buyers of the incumbent’s products.

Vesting 376
article thumbnail

Should You Share Equity with Consultants?

www.inc.com

Before Roving Software could receive its first round of financing from professional investors, in early 1999, he had to put all the stock arrangements in writing. He suggests granting the options on day one but making sure they vest only upon satisfactory completion of the project. Dont overlook federal and state securities laws.

article thumbnail

Note to Gordon Gekko: 1985 is Gone For Good

Growthink Blog

market indices (Dow, S and P, NASDAQ) are trading lower today than they were in September 1999. First of all, the long-term woes of the stock market have been under-reported because there really isn’t anyone that has a vested interest in pointing it out. And many of them asked – does it portend a “Japan” situation for the U.S.

Stock 48
article thumbnail

Is it Time for You to Earn or to Learn?

Both Sides of the Table

Stock vests for 4 years. It was 1999. You get 1%, you sell for $150 million and it’s in 3 years (e.g. you won the lottery). That’s an after-tax gain of $287,500 / year for 2 years. Wait a second. You didn’t get acceleration on a change of control? Sorry bud. It was easy to do these calcs.