Facebook stock options for early employees
By Daily Mail Reporter Updated: Traveling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure facebook. But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No. A blockbuster initial public offering at Facebook, founded in by Mark Zuckerberg and his friends, could create at least a thousand millionaires. While weak financial markets could postpone or downsize any IPO, even the most for market-watchers say Facebook seems destined to set a new benchmark in a region famous for minting fortunes, with even the rank-and-file employees reaping millions of dollars. Facebook employees past and present are already hatching plans on how to spend their anticipated new wealth, even as securities regulations typically prevent employee stock options from being cashed in until after early six-month lock-up period. Others are thinking less science fiction and more 'Indiana Jones. Initially, the group wanted to organize its own jungle expedition to excavate a relatively untouched site of Mayan ruins, according to people familiar with the matter who also did not want to court notoriety by being stock in this story. After some early earlier this year, they are now looking at partnering with an existing archeological program. Information about its employees structure or employee compensation packages is hard to come by, since the still-private company discloses very little. Facebook declined to comment for this story. It is early that Facebook's earliest employees, who were given ownership stakes, and early venture capital investors -- such as Accel Partners, Greylock Partners and Paypal co-founder Peter Thiel -- will see the biggest paydays. Zuckerberg, 27, is estimated to own a little over a fifth of the company, according to 'The Facebook Effect' author David Kirkpatrick. But the wealth will trickle down to engineers, salespeople and other staffers who later joined the company, options most employees receive salary plus some kind of equity-based compensation, such as restricted stock units or stock options. Stock headcount has swelled from employees in late to more than 3, today. Given its generous use facebook equity-based compensation in past years, people familiar with Facebook say that even by conservative estimates there are likely to be well over a thousand people looking at million-dollar-plus paydays after the company goes public. Dustin Moskovitz right owns 6 per cent of the network. Lou Kerner, the head of private trading at Liquidnet, estimates that Facebook now has roughly 2. Engineers are the most richly rewarded among the rank and file. After a 5-for-1 stock split in Octoberthe engineer would now have options right to buy aroundshares. According to another former Facebook employee, it was not unusual for the company to offer some executive-level hires up torestricted shares as recently as three years ago. The company has since cut back on equity compensation for new hires. Managers hired one year ago received 2, to 30, restricted shares depending on the job function, according to another recruiter who had also worked for Facebook. The company has also been stingier in handing out equity to noncore employees -- so there may not be as many of the dazzling rags-to-riches stories that were commonplace at the time of the Google IPO, when in-house chefs and at least one masseuse struck gold with options. Facebook has its share of chefs -- including head chef Josef Desimone who was lured away from Google -- and other support staff, but it's not clear how many of them were awarded share options. These days, 'Google and Options are notorious for hiring contract employees they don't have to give equity for said the second former Facebook recruiter. Facebook's IPO has been long anticipated, but veterans of other startups that have gone public say the period after could be fraught with new challenges. Some employees could grow jealous over colleagues with more stock, while others might look down on peers for are too quick to sell, questioning their loyalty to the company. Facebook headquarters in Palo Alto. There will employees more than a thousand people looking at million-dollar-plus paydays after it goes public. And there is always the risk that talented staff would leave with their newfound wealth to make their own mark in the technology world by becoming entrepreneurs or investing in other promising startups. Some Facebook employees have already left the company to do that, selling their shares ahead of the IPO on private exchanges such as those run by SecondMarket or SharesPost. Founder and Chief Executive Officer of Facebook Currently creating his own monetary system 'Facebook Credits' to facilitate transactions and profits, according to Forbes. A co-founder and the social-networking site's first chief technology officer, Moskovitz left in and started Asana, a software company that allows individuals and small companies to better collaborate. Co-founder of Facebook Chris Hughes: Most recently served as Barack Obama's Director of online Organizing for his presidential campaign. Currently the executive director of a new social network called Jumo which connects individuals to global nonprofits. Former Facebook president, helped capture early investors for the company For twins: Claimed they invented Facebook which was stolen by Mr Zuckerberg. One such person is engineer Karel Baloun, who joined the social network in and left just over a year later to start his own online network for commodities-futures traders, funded by a tidy package of stock options. It failed and Baloun laments that he could stock made a lot more money if he had stayed at Facebook. But he is philosophical, saying that the equity windfall gave him the cushion to do new things. Baloun said he has sold about half his Facebook shares and is holding on to the rest until after the IPO. For many of Facebook's staffers, the IPO will provide the means to pay off school loans and buy a house or new car. Home prices in the San Francisco Bay Area have typically been lofty, but many homeowners and real-estate agents are eagerly anticipating a surge of new buyers flush with money from the IPOs of Facebook and other Web companies. Wealth managers and investment for are also looking to win new clients from the Facebook crowd. That means creating a year plan, which is unheard of,' said John Valentine of Valentine Capital Asset Management in San Ramon, California, noting that his average client plan spans about 35 years. David Arizini, managing director of Constellation Wealth Advisors, has several current and former Facebook employees as clients and hopes they refer more of their friends. The imminent flood of Facebook dollars is sure to provide a welcome boost to local businesses in Silicon Valley, from facebook car dealerships to wine merchants. Realtors are expecting a property boom in the area after the IPO. Buff Giurlani, founder of car and wine storage service AutoVino in Menlo Park, is looking forward to an acceleration in already-brisk trade. There's a trickle-down effect. For Facebook's younger staffers, who favor jeans and T-shirts over designer suits, the shopping sprees will for certainly facebook computers and electronics. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Facebook flotation to create 1, millionaires among company's rank and file By Daily Facebook Reporter Updated: RELATED ARTICLES Previous 1 Next. Share this article Share. FACEBOOK CO-FOUNDERS' WORTH Mark Zuckerberg: Most watched News videos PM asked to accept she misread 'angry' mood of Grenfell protesters 'Torch' seen flashing from burned through Grenfell Tower Terrifying moment crocodile clamps its jaws on a zookeeper's HEAD Michelle Carter found guilty in teen texting suicide case Prince William responds to crowds waiting near Grenfell Tower Man who heckled the Queen is upset with the progress at Glenfell Architect believes employees on Grenfell Tower had chimney effect Channel 4's Jon Snow is confronted by angry residents at Grenfell Grenfell Community 'Where is Theresa May' to Andrea Leadsom Devastating goodbye from friend on Snapchat inside burning tower Dad of woman missing in tower fire says she'd just got good job The Queen and Prince Options arrive to meet Grenfell Tower victims. Fury over Grenfell Tower tragedy boils over as protesters After being booed by Grenfell victims, Theresa May caps Woman breaks down in tears as she is found GUILTY of Neighbour who opened Grenfell Tower body bag and posted Their tearful queen, the one woman they wanted to see The luxury homes on Grenfell Tower's doorstep that have Janet Jackson is all smiles after High Court meeting to Agony of lecturer whose wife escaped Grenfell Trump slams Obama's deal with Cuba and says he is Mystery of the mom who left her four-year-old daughter Schoolgirl, 16, who escaped Grenfell Tower fire and Heartbreaking video shows little boy refusing to leave Oxford graduate property manager, 28, offers 21 student Zany t-shirts, running shoes, a UVA notebook and a MOST READ NEWS Previous. Comments 16 Share what you think. Bing Site Web Enter search term: DON'T MISS Coronation Street beauty Helen Flanagan shows off her enviably lean figure in a pink bikini as she enjoys a fun-filled family holiday with daughter Matilda Smooth sailing! Jennifer Lopez sizzles in crochet swimsuit aboard yacht with beau Alex Rodriguez in France Braless Kylie Jenner highlights her curves in slinky dress with deep thigh slit for West Hollywood dinner Perrie Edwards puts on a busty display in racy black bikini as she dons snorkelling mask during romantic getaway with beau Alex Oxlade-Chamberlain Making the most early your single summer? MIC's Tiffany Watson displays perky assets in bronze thong bikini during girls' break in Croatia Makeup free Kim Kardashian shows off daughter North's new puppy on Snapchat Doubtful about online dating? We challenged four sceptics to sign up to find love virtually SPONSORED Breast to impress! Ex On The Beach star Jemma Lucy leaves little to the imagination as she shows off some serious sideboob in a plunging peplum dress Pregnant Danielle Bux displays her blossoming baby bump in a skin-tight top and loose pinstripe trousers as she heads out in LA Tamara Ecclestone cuddles up to daughter Sophia, three, as she's joined by sister Petra at launch of her new parenting brand Kourtney Kardashian's skin looks radiant as she options microneedling treatment on Snapchat Let her fans in on one of her beauty secrets adverts. MORE DON'T MISS Holy tribute! Bat Signal shines over the sky in downtown Los Angeles in honor of late Batman star Adam West She said yes! Geri Horner admits she would run everything in her life past late friend George Michael Elizabeth Facebook apologizes for saying Steven Spielberg 'never' casts female leads Lara Bingle steps out in an oversized khaki shirt and baggy trousers during stroll in New York Feeling all white? Jordan Barrett, 20, flashes his forearm tattoo as he offers a brooding pout in New York City after being linked to Bella Hadid Rise and fall of Whitney the tragic star: Can I Be Me? Natalie Portman has her hands full as she jets out of LA with baby daughter Amalia and son Aleph 'I vowed to NEVER go back': Love Island 'posh girl' Montana sneers at 'heavy drinker' Sam's native Facebook Hollywood star Rebel Wilson could be for 'TENS of millions' employees winning her defamation case against Woman's Day Is this what made her dump Tyga? Kylie Jenner is warned by a medium that she needs to 'set boundaries' on an 'unhealthy relationship' 'It would be very fun': Miley Cyrus teases the idea of a reality show based on her life but has reservations because her 'family is absolutely insane' On cloud nine! Flip Or Flop's Christina El Moussa can't stop smiling on dinner date with new beau wearing thigh-high boots and flirty floral dress Jet setting couple! Channing Tatum and wife Jenna Dewan catch a flight out of LAX Cesc Fabregas' girlfriend Daniella Semaan displays her post-baby stock in sheer maxi dress during Ibiza break with fellow WAG Antonella Roccuzzo Flower Power! Ashley James shows off her ample bust and taut midriff in floral pink lingerie as she strikes a sultry pose in Barcelona Thor gets hammered! Khloe Kardashian puts her chest on display in leather sweetheart bustier to sell new Good American zip-up mini skirt Is that you, Miss Cundy?! Lizzie is demure in floaty princess gown as she turns back on scanty looks for Dangerous Game premiere All star line up! Poppy Delevingne flashes her cleavage in plunging white summer dress as she joins Jaime King early Los Angeles fragrance launch Fashion forward Olivia Palermo cuts a stylish stock as she works daring white suit at luxury beauty launch in London From Louboutins to flip flops! Jennifer Lopez looks dressed down on Shades Of Blue set after sexing it up for music video He's definitely tied the knot! David Beckham shows off his man bun after touching down in New York Sukhvinder SACKS Kayleigh as deputy mayor and forces her to become 'unemployed' Jennifer Lopez pours up shots as early shimmers in sequined robe on music video set with Cuban group Gente de Zona Under his spell! Serena Williams shows off burgeoning baby belly while dominating on tennis court despite being seven months pregnant Mission accomplished! Bikini-clad Lottie Moss flaunts her stock posterior as she gushes over beau Alex Mytton in birthday tribute on Ibiza break Zoe Kravitz looks pretty in pink as her Rough Night promo tour rolls on in New York Promoting her multiple projects 'Can't wait to make her Mrs Osborne': Adele is lauded by fans as she makes appearance at scene of tragic Employees Tower less than 24 hours after fatal fire Kelly Ripa models hairy 'dad bod' bathing suit on talk show RHOA star Kenya Moore weds a businessman in St Lucia TOWIE's Amber Turner and Jade Lewis' bitter feud has hotted up again after the pair came FACE-TO-FACE while stranded on the same cruise ship in Mykonos Just like dad! Patrick Schwarzenegger, 23, channels his father Arnold, 69, by showing off his muscular chest on a Los Angeles beach Braless Chloe Lloyd shows off her stunning figure in flimsy Bardot top with dazzling flares as she hits glamorous magazine bash Karrueche Tran finally granted five year restraining order against ex Chris Brown after threats of violence Wanted temporary order made permanent Will Ferrell and John Lithgow lock lips as fellow grandad Mel Gibson enters the fray in first trailer for Daddy's Home 2 Game Of Thrones star Alfie Allen packs on the PDA with topless blonde companion as they hit the beach during romantic Spanish getaway 'So nice to have a kitchen': Inside the lavish properties John Legend has been calling home as he tours the US with Chrissy Teigen and daughter Luna Mommy's mini-me! Heidi Klum goes on shopping spree with her look-alike daughter Leni, 13, in New York City 'I had to let something go': Estee Lauder is discontinuing sister brand fronted by the model, because it is 'no longer necessary' She never goes out of style! Julia Roberts, 49, re-creates Pretty Woman shopping scene during commercial for Italian fashion brand Calzedonia Style sisters! Elton John plants a tender kiss on husband Employees Furnish as they attend summer wedding with sweet sons Elijah and Zachary. TOWIE's Early Oukhellou frames her ample bust in a racy red cut-out swimsuit as she parties early beau James Lock and Dan Osborne in Mallorca Amy Childs looks glum as she is seen for the first time since splitting from jailbird beau Bradley Wright Liam Gallagher reveals mother's regret at Noel missing One Love concert Larry King, 83, beams with sons Cannon, 19, options Chance, 20, as elder brother gets drafted by MLB A Thorne in his side? Amber Davies' mum is unfazed by daughter having sex on Love Island Diplo recruits James Corden as he makes fun at being ranked third best in bed by ex-girlfriend Katy Perry A tangerine dream! Imogen Thomas shows off her toned curves in an orange for as she treats herself to an ice lolly options the beach in Mallorca 'Please don't do this to our movies': Charlie's Angels vet Jaclyn Smith, 71, looks slender in suit Loose Women's Nadia Sawalha reveals how she gets botox to help her grinding and has lost one tooth to Bruxism Employees Chantel Jeffries leaves employees to the imagination as she goes braless in employees top and white jeans while heading to DJing gig She's a fashion superhero! Elizabeth Banks on raising her sons to be feminists, as she urges men to watch female-led movies Emotional Rita Ora lends her support to the Grenfell Tower relief effort after horrific blaze at her 'childhood haunt' leaves at least 12 dead and 50 unaccounted for 'I don't need any big parties': Nicole Kidman reveals plans for a low-key 50th birthday with 'divine' husband Keith Urban and her children Making a hospital visit? Jay Z leaves his Beverly Hills mansion amid rumours that wife Beyonce has 'given birth to twin boy and girl' at LA medical centre Their love is permanent! Ariel Winter, 19, and boyfriend Levi Meaden, 29, get two matching tattoos Gemma Collins moans in delight as stripper For Carter treats her and Marnie Simpson to a sensuous massage in the Big Brother house She should give her glam squad a raise! Homecoming star Zendaya talks standing up for herself as she appears on Vogue 90s kid: Kayleigh Morris vows to QUIT BB after blasting Marnie Simpson's friendship with 'ugly' Charlotte Crosby Zendaya flaunts her toned legs in a thigh-skimming stock tutu as she poses with co-star Tom Holland for Spider-Man photocall in London Life's a beach! Kiss star Gene Simmons tries to trademark the 'rock on' hand stock Jenson Button's model girlfriend Brittny Ward oozes sex appeal as she goes completely topless for saucy Instagram snaps From one court to another! Jordan Barrett, 20, wears a scarf stock his head as he slurps soup with a mystery male friend I am in so much pain': Chloe Lattanzi stock 'unhealthy' picture and says she was 'sobbing for an hour' after being criticised online The Queen and Duke of Edinburgh pay an emotional tribute to 18 children who lost their lives when a Facebook bomb hit an East End primary school Sylvester Stallone's daughter Sophia, 20, slips into lacy bralette as she joins her father and sisters Sistine and Scarlet for family dinner in LA Wearing her heart on her sleeve! Today's headlines Most Read 'Put to the test, the UK has been resolute in the face of adversity': Queen issues solemn 91st birthday After being booed by Grenfell victims, Theresa May caps another dreadful day with 'inhuman' TV interview and Dogs join the grim hunt for bodies on the top floors of Grenfell Tower with 70 people still missing as they Four hours of horror: How people 'who fitted out Grenfell Tower on the cheap' are mired in claims of tax Thousands call on Home Office to issue visa so parents can attend funeral for Syrian victim of inferno where Fire-safe panels WERE initially chosen to make Grenfell Tower more attractive - but contractors opted for a Devastated family and friends of Grenfell fire victims grieve at Hero firefighter who battled his way to 15th floor of inferno tower Now options and stable' May U-TURNS on guarantee to rehouse Grenfell Tower residents in the borough — and Fury over Grenfell Tower tragedy boils over as protesters storm Kensington Town Hall, boo PM and march on Final words of Italian couple who phoned facebook Agony of lecturer whose wife escaped Grenfell Tower inferno only to die on the grass outside just Heartbreaking paintings by children as young as two who escaped Grenfell Tower blaze show the full horror of The shame of playing politics with tragedy PETER OBORNE: Tragedy that lays bare the challenge of uniting a divided Britain The luxury homes on Grenfell Tower's doorstep that have been left EMPTY by their wealthy owners Brooklyn Beckham is overcome with emotion at Grenfell site a day Miracle of girl, four, who was CAUGHT by hero neighbour after she was thrown from the fifth floor of Floor by floor, how the tragedy unfolded: As 70 are feared dead, graphic reveals where the dead and missing Neighbour who opened Grenfell Tower body bag and posted pictures of dead victim on Facebook is jailed for Read for yourself the heart-breaking messages of grief, anger and defiance Desperate neighbour of siblings feared to have perished in tower inferno pleads Their tearful queen, the one woman they wanted to see: ROBERT HARDMAN on the monarch's surprise - and Police arrest driver after 16 Iraqi men, women and children are rescued from back of stifling Shocked police find body of student, 18, who suffered fatal head injuries in brutal attack days after men The night I took on Camilla: Diana's tapes reveal how the princess bravely confronted her love rival at a Royal Caribbean cruise liner faces fine over all-night Ibiza stopover party which kept locals awake until How Bianca Jagger divorced Sir Mick - at a dressfitting! Princess Di's wedding dress designer reveals how Etiquette expert reveals how to 'scale Mount Social' like Kate options Pippa Shocking footage captures woman's vile racist rant at man who for feels 'unsafe in As he dies at 87, the Early who hated Maggie, employees Prince Philip a blockhead, had a Bungling burglar is jailed for four years after police find photo on his phone of him posing in car he'd How was it for me, darling? It's the verdict no man wants to hear, the TRUTH about how he Repetitive arguments, fights over finances and no more kissing on the lips: The sure signs that YOUR Dame Julie Walters leads roll call of stars to be honoured on the Queen's Birthday as Billy Connolly is Chart-topping singer-songwriter who started his career sleeping on Jamie Foxx's Gong With the Wind: Desperate neighbour of siblings feared to have perished in tower inferno pleads with the Options as he clutches their picture Family's fury as pair of thug girls who 'bullied their teenage daughter to death' are spared prison despite being found guilty of abusing the year-old for YEARS Oxford graduate property manager, 28, offers 21 student flats for free to homeless Grenfell Tower victims Profits of misery: Is this the woman facebook the window? EDITOR'S SIX OF THE BEST. Available for FREE on Google Play. Back to top Home News U. Sitemap Archive Video Archive Topics Index Mobile Apps Screensaver RSS Text-based site Reader Prints Our Papers Top of page Daily Mail Mail on Sunday This is Money Metro Jobsite Mail Travel Zoopla.
That is why I have taken the liberty to measure the pros and cons of a tremendous decision about to be made.
Rochester Hills - 2918 Walton Blvd Troy - 2880 West Maple Rd West Bloomfield - 7350 Orchard Lake Road Edina - 7401 France Ave S Maple Grove - 12201 Elm Creek Blvd N Hennepin - 222 Hennepin Avenue Lake Calhoun - 3060 Excelsior Blvd Minnetonka - 1001 Plymouth Road St Paul - 1575 Selby Ave.