[Dukehorn]

I think raptorduck gives a solid indication of the high end of the market in the Bay Area. I know some officers of various companies that have made recent purchases (one in Los Altos, the other in Hillsborough). But the big wealth buyers have never been the issue in the Bay Area.

I think what would be considered the “middle market”–600,000-1 million, is running pretty slow (at least in Sunnyvale). Folks aren’t interested in paying that for a 1200 sq ft home that sold for $400,000 back in 2003, especially if they have 2 kids.

Google is slowing its hiring. The VMware stock drop and the yahoo layoffs are the hot topic of conversation. My friend was going to rent a townhome (again rentals are lagging behind sales price) from a yahoo couple, but with the upcoming layoffs, they’re thinking about selling and leaving the state.

Folks who have been exercising their options are keeping prices reasonably solid in the mid-Peninsula. But google has definitely lowered the size of its option grants since 2005, so it’s hard to say if there will be an immediate wave of new google wealth anytime soon.

[Dukehorn]

I guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.

As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.

I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).

If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.

[Dukehorn]

I guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.

As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.

I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).

If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.

[Dukehorn]

I guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.

As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.

I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).

If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.

[Dukehorn]

I guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.

As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.

I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).

If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.

[Dukehorn]

I guess I’m confused. You’re at a start up that hasn’t given you options yet? In my mind that’s sort of strange, that should be part of the base compensation package at most of the start-ups that I’ve represented or interacted with.

As for options vesting, I do know of people that have done well (some at start-ups and some at publicly traded companies). My buddy at Cisco is house-hunting due to his options. My brother in law was looking at a $3 million dollar home due to his AMD options (which has withered from $40 down to $7)–so that got tabled. A co-worker asked me to review his option package from his old job. He got options at 23 cents and the stock is trading at $15. Not a huge number but a good $30k for his one year at the company.

I also was a tech-trans lawyer that represented a number of start-ups during the dot boom. So I saw plenty of clients hit it big (and plenty that didn’t).

If your company has products and growth, why not go into management? How is taking a pay-cut different than folks that give up 2 years of salary to go to MBA school? Just have to make calculations based on your circumstances.

[Dukehorn]

Why not feed the troll? I put my cutting remarks to an anonymous person and my secretary gets someone who’s all mellow.

Pretty much some profanity on the road during rush hour and a nice acerbic post on a forum and I’m then incredibly nice to my co-workers. Works for me.

[Dukehorn]

Why not feed the troll? I put my cutting remarks to an anonymous person and my secretary gets someone who’s all mellow.

Pretty much some profanity on the road during rush hour and a nice acerbic post on a forum and I’m then incredibly nice to my co-workers. Works for me.

[Dukehorn]

Why not feed the troll? I put my cutting remarks to an anonymous person and my secretary gets someone who’s all mellow.

Pretty much some profanity on the road during rush hour and a nice acerbic post on a forum and I’m then incredibly nice to my co-workers. Works for me.

[Dukehorn]

Why not feed the troll? I put my cutting remarks to an anonymous person and my secretary gets someone who’s all mellow.

Pretty much some profanity on the road during rush hour and a nice acerbic post on a forum and I’m then incredibly nice to my co-workers. Works for me.

[Dukehorn]

Why not feed the troll? I put my cutting remarks to an anonymous person and my secretary gets someone who’s all mellow.

Pretty much some profanity on the road during rush hour and a nice acerbic post on a forum and I’m then incredibly nice to my co-workers. Works for me.

[Dukehorn]

Good grief, you’re a moron with your logical fallacies and strawman statements. There’s no right answer since its time-dependent.

Obviously you were stupid 7 years ago not to buy when you had the chance. That’s your stupidity and not ours.

If you want to buy now and project for 7 years, here’s the easy analysis.

Rent=$2300
Monthly payments on an $800,000 (with insurance, HOAs, melos)=$4500

So the real question is whether your equity in your home 7 years from now is greater than (7 * 12 * (4500-2300)) + (your downpayment) + (any investment increase from the previous number).

I just don’t understand your ignorance in paying an average of $2300/month for a place over 7 years (unless, you’re telling an untruth, which is pretty typical in your posts). Face it, you couldn’t afford a home 7 years ago, and if think its a good time to buy right now, you should be able to (if you saved up enough money)

[Dukehorn]

Good grief, you’re a moron with your logical fallacies and strawman statements. There’s no right answer since its time-dependent.

Obviously you were stupid 7 years ago not to buy when you had the chance. That’s your stupidity and not ours.

If you want to buy now and project for 7 years, here’s the easy analysis.

Rent=$2300
Monthly payments on an $800,000 (with insurance, HOAs, melos)=$4500

So the real question is whether your equity in your home 7 years from now is greater than (7 * 12 * (4500-2300)) + (your downpayment) + (any investment increase from the previous number).

I just don’t understand your ignorance in paying an average of $2300/month for a place over 7 years (unless, you’re telling an untruth, which is pretty typical in your posts). Face it, you couldn’t afford a home 7 years ago, and if think its a good time to buy right now, you should be able to (if you saved up enough money)

[Dukehorn]

Good grief, you’re a moron with your logical fallacies and strawman statements. There’s no right answer since its time-dependent.

Obviously you were stupid 7 years ago not to buy when you had the chance. That’s your stupidity and not ours.

If you want to buy now and project for 7 years, here’s the easy analysis.

Rent=$2300
Monthly payments on an $800,000 (with insurance, HOAs, melos)=$4500

So the real question is whether your equity in your home 7 years from now is greater than (7 * 12 * (4500-2300)) + (your downpayment) + (any investment increase from the previous number).

I just don’t understand your ignorance in paying an average of $2300/month for a place over 7 years (unless, you’re telling an untruth, which is pretty typical in your posts). Face it, you couldn’t afford a home 7 years ago, and if think its a good time to buy right now, you should be able to (if you saved up enough money)

[Dukehorn]

Good grief, you’re a moron with your logical fallacies and strawman statements. There’s no right answer since its time-dependent.

Obviously you were stupid 7 years ago not to buy when you had the chance. That’s your stupidity and not ours.

If you want to buy now and project for 7 years, here’s the easy analysis.

Rent=$2300
Monthly payments on an $800,000 (with insurance, HOAs, melos)=$4500

So the real question is whether your equity in your home 7 years from now is greater than (7 * 12 * (4500-2300)) + (your downpayment) + (any investment increase from the previous number).

I just don’t understand your ignorance in paying an average of $2300/month for a place over 7 years (unless, you’re telling an untruth, which is pretty typical in your posts). Face it, you couldn’t afford a home 7 years ago, and if think its a good time to buy right now, you should be able to (if you saved up enough money)

[Author]

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