Wednesday, December 13, 2006

12 Steps to Clickaholic Gooptions


oops didit
Originally uploaded by benbarren.
So just had some nice Japanese, which was a strange experience being away from the computer (with a daily beach trip!) and off to Clickaholics tonite ! 7pm Station Hotel. I wonder if there will be any Lindsay Lohan sharing moments where we confess that we have used our computer today and we have an escalating, obsessive and destructive problem that will end us up in computer jail or life cycle obsolescence. Henry Rollins touches on such a world in his trademark syntax here.

So now they have gooptions for vested Googlers who want to trade their options different to all the other vested tech children : "As with most employee stock option programs, Google's program to date has allowed employees to do two things with their options. Upon vesting they can (1) hold them or (2) exercise them and then hold or sell the stock. With the new TSO program, employees will have an additional alternative: they can transfer (sell) their options to a financial institution through a competitive bidding process. The ability to sell options is not a novel concept -- today people can buy and sell options to purchase GOOG stock and the stock of many other companies on the public markets. What is novel is that we are extending this ability to trade options to employee stock options."