Everybody's Underwater In Silicon Valley

by mtippett | November 10, 2008 at 09:21 am

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As of October 24, more than 80% of Silicon Valley's 150 largest publicly traded companies have employees holding underwater options, according to executive compensation research firm Equilar. CEOs at 90% of those companies also held options worth less than their strike price.

Ordinarily this would represent a greater risk to employees than it does in the current climate. I would be surprised if many employees were looking around for better deals these days. My guess is that most are happy to be working.