Internet Executives Prefer Salary Over Stock

By SKillBot on 2000-10-16 03:14:43

Now that the .com IPO craze is over, Internet execs are demanding even bigger six-figure salaries so they won't end up like William Shatner.?


Not that I'm trying to pick on Bill Shatner, but Priceline.com Inc., the name-your-own-price online retailer, has seen its stock price crumble from a record close of $162 in April 1999, just after the company went public, to $5-5/8 in Friday trading..?As you may know, he did all of their commercials for only stock options.?


These, and so many of the other .com startups have failed so horribly that it's getting very hard to attract employees with stock options.?I think that's a good thing, as I've seen plenty of .com's that were really stupid, but had a ton of funding.

You are currently Not Logged in.
Click here to login or sign up

Subject:  

xComment: