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To: Lizzie Tudor who wrote (65496)5/14/2004 1:17:20 PM
From: Kirk ©  Read Replies (1) | Respond to of 77400
 
>>Lizzie could get over the start-up problems by the companies using restricted stock grants. Start out the gate accounting for these as actual shares so there is no dillution when "exercised."

>I'm all for that. I had never heard of such a thing before last year sometime and this sounds good to me. Nobody doing it yet, but we have had very few really new companies funded in the last few years. Most startups are still alive on money they received in 00/01

no. A friend of mine took a VP job at Schwab and he was given restricted shares rather than options. You would figure a company where someone with a clue about a balance sheet still with a good deal of shareholder wealth would be one of the first to do this. MSFT, where Bill Gates still has considerable shareholder wealth, also grants restricted shares from what I remember reading... so how come you say nobody is doing it?