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Re:Freshmeat.net, 1997-2014 (2014) by js2 on Monday March 07, 2022 @10:57AM (#30589298)
> The crazy first day of the IPO of VA Software (+698% above initial price!!!)

VA made F&F shares available to anyone who could document an open-source contribution to Linux. I think my addition of the "-e" switch to chpasswd was sufficient.

I recall that I purchased 140 shares at $30. I held on to those shares the first day all the way up to $300/share or whatever it was, and then kept holding the shares in the coming days and weeks all the way back down. I eventually sold a few years later for maybe $1/share. At least the loss was able to offset some LTGC.

I purchased some wisdom with that experience.

Edit: I left the same comment on this story in 2014:

https://news.ycombinator.com/item?id=7925266

(I must be really boring at parties.)

Re:Freshmeat.net, 1997-2014 (2014) by tempnow987 on Monday March 07, 2022 @11:40AM (#30589956)
I was a broke student. I sold first day (luckily) just because I didn't have the money to hold onto them for any length of time. Worked out, but then my school took it back by reducing my financial aid award (OUCH).
Re:Freshmeat.net, 1997-2014 (2014) by lenova on Monday March 07, 2022 @01:15PM (#30591289)
> I purchased some wisdom with that experience.

That such an excellent way to phrase it, I may steal it ;-)