Evidence receipt / belief
Published · transcript-backedTrip Hawkins: belief
27 May 2019 Acquired The Electronic Arts IPO (with Trip Hawkins)
“In fact, there’s a lot of big tech companies like Oracle, I think maybe 20% of their employees have stock options.”
Source trail
Everything needed to verify it.
- Speaker
- Trip Hawkins
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 27 May 2019
- Publisher
- Acquired
Transcript context
…Yeah. I have been there for three IPOs, two of which I’ve lead. It’s not foreign territory for me to think this way, but not everybody in Silicon Valley want to give shares to everybody. In fact, there’s a lot of big tech companies like Oracle, I think maybe 20% of their employees have stock options. Big companies maybe have ESOP, Employees Stock Ownership Plan, but you’re not going to get very much. I’ve always believed in everybody sharing in that and then you’ve got to have some long term plan for how you’re going to get to liquidity. Were you facing pressure from shareholders saying, “Hey, we really should, you know it’s been how many years, however many years, 7 years, we really should think about returning capital [...].…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.