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Some post IPO stories...

S

Storm

Diamond Member
From Wired March 2004

"Surviving IPO Fever: What it's like inside the white-hot quiet period." by Michael S Malone.

There are many cautionary post-IPO stories in the tech world as there are medieval morality plays. A few calls to Valley veterans revealed:

-The quiet code writer rarely seen outside his cubicle who suddenly takes to wander the halls and bursting in on the CEO's private meetings until he is summarily fired.

-The mousy guy in accounting who dumps his mousy wife and runs off to Mexico with the admin.

- The lonely programmer who goes off to a men's club to celebrate his new wealth and marries a stripper he meets there.

-The sober family man who, upon discovering he's half Native American, renounces his US citizenship and moves to an Indian reservation so he won't have to pay taxes.

-The programmer who quits, buys the sports car ofhis dreams, crashes, loses everything in the resulting personal-injury lawsuit, and ends up broke, back in his old job.

-The senior executive who takes his new wealth up into Los Altos Hills and spends the next decade putting the money up his nose one gram at a time.
Click to expand...

I dont know the validity of these "stories" but they are amusing.
 
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