Apple and stock option backdating
Integrated Circuits Cable Converter Boxes Gigabit Ethernet Wireless networks Cable modems Mobile communications Network Switches Digital Subscriber Line Server farms Processors Bluetooth Vo IP Near Field Communication GPS Metropolitan Area Network Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry.It was acquired by Avago Technologies in 2016 and currently operates as a wholly owned subsidiary of the merged entity called Broadcom Limited.; February 24, 1955 – October 5, 2011) was an American entrepreneur, businessman, inventor, and industrial designer.Jobs was the chairman, and the chief executive officer (CEO), and a co-founder of Apple Inc.; CEO and majority shareholder of Pixar; a member of The Walt Disney Company's board of directors following its acquisition of Pixar; and founder, chairman, and CEO of Ne XT.The topic of executive compensation has long been of interest to academics, the popular press, and politicians.With the continued increase in executive compensation and resultant increase in pay disparity between those executives and the average worker, this issue is once again coming to the forefront of the public policy debate.Broadcom is among Gartner's Top 10 Semiconductor Vendors by revenue. In 2012, Broadcom's total revenue was .01 billion. 327 on the Fortune 500, having climbed 17 places from its 2012 ranking of No. Broadcom shareholders will hold 32% of the new Singapore-based company to be called Broadcom Limited.Hock Tan, Avago President and CEO, will be the new CEO of the new combined company. Samueli will be Chief Technology Officer and member of the combined company's board. Nicholas will serve in a strategic advisory role within the new company.
If these startups are making a true claim about the value of their options, there should be a trade here that makes all parties better off.
In 1979, after a tour of PARC, Jobs saw the commercial potential of the Xerox Alto, which was mouse-driven and had a graphical user interface (GUI).
This led to development of the unsuccessful Apple Lisa in 1983, followed by the breakthrough Macintosh in 1984.
Let's start with a simple definition of stock options: Stock options from your employer give you the right to buy a specific number of shares of your company's stock during a time and at a price that your employer specifies.
I often talk to startups that claim that their compensation package has a higher expected value than the equivalent package at a place like Facebook, Google, Twitter, or Snapchat.