Thursday, January 05, 2006

Buying Stock In People

Buying Stock In People

Remember when I talked about personal VC? Eric Allam is now selling shares in himself for $1. There are 1 million shares authorized, but Eric plans on retaining a 51% stake.

Alas, owning EA stock doesn't entitle you to anything other than a stock certificate, which may be why he has only sold $67 worth so far.

Eric seems to be a bright college student, so I expect that his future ventures will be more successful.

1 comment:

Dave Kaminski said...

Did you read the last line in "About Eric?" He makes a mockery of the IT profession and obviously has little or no grasp of the breadth of opportunity any college diploma can give you. He needs to read a book or two...