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Originally Posted by mindgam3
but then again the people how own these cars probably earn that in a few seconds....  |
No shit..
And just so you know, a 1,000 potential supercar buyers will be hitting the streets in 6 months after they are allowed to cash out their Google IPO stocks..
The offering made co-founders Sergey Brin and Larry Page billionaires -- at least on paper. From IPO share sales, Page collected $41.1 million and Brin got $40.9 million, but that pales in comparison to the more than $3 billion each still holds in Google stock.
Employees who bought stock on the cheap or were granted options also stand to profit handsomely. Within the next 180 days, they will be allowed to sell shares and pocket real cash.
"There's going to be a lot of liquidity that hits the street over the next couple of months," said Scott Kessler, an Internet equity analyst at Standard & Poor's.
An estimated 950 to 1,050 of Google's nearly 2,300 employees are paper millionaires, according to an analysis done by Salary.com, which tracks employee compensation.
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