From Balanced News Blog, a link to a complete list of how much Google stock has been sold by whom and at what price. I ignored the headline about Google Founders Dumping Google Stock? because it doesn’t ring a bell. (Who wouldn’t want to sell a highly (or overvalued?) valued stock these days?)
Anyway, I browsed thru the list and gasped at how much people from Google were raking in from their stock sales. I sorted the “regular” employee’s sales by volume and found one Roberta Eustace getting an estimated lump sum of $6,115,500 for her shares (highest so far in the list with a title of “Employee”). I am not sure though if that’s the highest number of shares a regular employee got when Google went into IPO. (Maybe it’s also based on the number of years of stay with Google — the seniority rule.)
Imagine that, hundreds of rank-in-file becoming instant millionaires?
Who wouldn’t want to be a Google employee? It’s like winning a lotto. :D
better than lotto. You have a higher chance of winning by investing than betting :)