On Jun 26, 2006, at 1:05 AM, John Chung wrote:
>
> But no PHD in business management can run
> multinational company.

Heh.  Cisco's first CEO (the one you've never heard of) had
a PhD in Physics.  When we got venture funding, one of the
first things the VCs did was to fire him, since "Physicist"
were NOT the sort of image they wanted "company about to go
public" to project.

In the realm of college classes I didn't have, I wish there
had been one or two semesters about MONEY, both from a personal
(investing) and a business (invest-ee) perspective.  In between
personal, small business, medium business, venture capital,
evaluating compensation packages, business internal accounting
(capital expenditure spending limits and their abuse), signs
that the company you're working for is going broke, etc, there
should be plenty that everyone should know at least a little
bit about...

(of course, ignorance has its own rewards.  Conventional advice
for people who were working at cisco when we went public was to
sell all the stock options you could and diversify.  I suspect
some people did just that (at an equivalent price of about $0.10))

BillW

-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist