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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (15221)12/3/2002 11:58:50 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 57110
 
well theres 2 issues really with startups. The first one is valuations... my last executive team (who I consider to be very successful- I mean not Siebel/Ellison or anything but well known people) sold their prior company for 180mm, it was a successful company with 300 customers. This was 94 or so. They got rich on that, but their workers didn't... except for some of the key engineers who were way early.

As the 90s progressed valuations went up but the real issue was companies started doleing out tons of shares because there was such a labor shortage. I think the grant levels are going back to where they were and that will be the biggest difference. But if you could get rich in 93/94... I suspect you can get rich in 2004, but thats just about the cutoff I'd say.