Feeds

Students become millionaires in their spare time

You can buy a lot of Pot Noodles with that sort of moolah

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Dozens of students have become millionaires after being given shares in lieu of wages for their summer job. The mathematics and IT students from the Massachusetts Institute of Technology (MIT) took jobs at Internet start up Akamai Technologies last year. They were paid in stock options for part-time and holiday job work at the company. Akamai floated last October, and some of the students now control shares worth more than $20 million (£12 million), according to the Financial Times. In fact, the company was so successful that many of the scholars decided to ditch university and work there full-time. But the Akamai management put its foot down – obviously mindful of that infamous Harvard drop-out, Bill Gates – and instigated a stay-in-school policy. "We had to say we're older and wiser, and it's not a great idea to drop out of school, said Paul Sagan, the group's president. We told them if they wanted to work at Akamai they would have to continue to be full-time students at MIT." Akamai was founded in 1995 and is a Web hosting company. One Akamai share today costs $252 (£155). ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.