Posted by: Beth Pariseau
Around the water cooler
Imagine you’re a down-on-her-luck new divorcee looking to get back on her feet. The year is 1999. You manage to find a job as an in-house masseusse at a little Silicon-Valley dotcom startup for $450 a week and stock options for a company nobody’s really heard much about yet.
Eight years later, you retire a millionaire.
Sound far-fetched? It is, but it’s exactly what’s happened as a result of Google’s rise to Internet dominance and accompanying $700+ share price over the last few weeks, according to a New York Times report.
Even more interesting–according to the Times:
Although no one keeps an official count of Google millionaires, it is estimated that 1,000 people each have more than $5 million worth of Google shares from stock grants and stock options.
I wonder if there are any Google millionaires reading this right now. If so, you’re buying lunch.