Google Millionaires

12 11 2007

According to the Small Business Administration, more than 99 percent of all business are small businesses. This means that companies with 500 employees or more, never mind huge corporations, are freakishly unusual enterprises.

In light of this fact, I considered the following statistic reported in the New York Times about Google eye popping.

Although no one keeps an official count of Google millionaires, it is estimated that 1,000 people each have more than $5 million worth of Google shares from stock grants and stock options.

Does this mean we are in the trickle up economy?




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