June 21, 2007 11:15 AM PDT

Google engineers leave despite non-zillionaire status

by Elinor Mills
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While the list of former Yahoo employees is long and growing, Google's has stayed relatively short. That may be changing soon, as employee stock options vest nearly three years after the initial public offering.

The two latest to go are Bret Taylor and Jim Norris, two of the head engineers behind Google Maps, according to VentureBeat's Matt Marshall.

The 26-year-olds are now "entrepreneurs in residence" at Benchmark Capital, where they are percolating their new idea for a consumer Internet company, the article says.

Taylor and Norris were only at Google since 2003, and as a result, they aren't likely to be Google-zillionaires, as I like to call them. "While early enough to benefit them considerably at the IPO, it wasn't enough to give them the many millions that earlier employees enjoyed," Marshall writes.

Too bad.

Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.
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Wait until late 2008
by brundlefly76 June 21, 2007 12:29 PM PDT
I personally know Google employees who left almost immediately after exercising the bulk of their options - but again I don't have any insight into their entire employee rosters - where did you get this info that not many Googles have left?

Of course Yahoo! has a much larger list as they are a much larger and much older IPO - but they similarly was very little voluntary attrition during the 4-yr vesting period following their IPO (that I know).
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