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Comment They won't GIVE you options, but... (Score 2) 349

by dogd1ck (#36224244) Attached to: Ask Slashdot: How To Ask For Equity In a Startup?

Ask about buying shares now, before any IPO. That doesn't cost them anything and it shows you have faith in the company (or that you like to gamble). Buy as many shares as you can. Borrow money if you have to.

Ask about buying "directed shares" when the company goes public. These also don't cost the company a thing, but it's a nice way for them to throw you a bone. The downside is that you won't have the shares in hand until the IPO, so you run the risk that they change their mind at the last second. Buying directed shares, and selling them as soon as the lockout period ended, allowed me to put a down payment on my first house. I did have to risk $5k of my own money, though.
Transportation

US Contemplating 'Vehicle Miles Traveled' Tax 1306

Posted by Soulskill from the take-that-california dept.
dawgs72 writes "This week the Congressional Budget Office released a report saying that taxing people based on how many miles they drive is a possible option for raising new revenues, and that these taxes could be used to offset the costs of highway maintenance. The proposed tax would be enforced through the use of electronic metering devices installed on all vehicles. The mileage tax is being considered instead of an increase in the gas tax in order to tax hybrids, EVs, and conventional automobiles equally."
Education

Student Loan Interest Rankles College Grads 1259

Posted by kdawson from the loan-arranger dept.
theodp writes "Like many recent college grads, Steven Lee finds himself unemployed in one of the roughest job markets in decades and saddled with a big pile of debt — he owes about $84,000 in student loans for undergrad and grad school. But what's really got Lee angry are the high interest rates on his government-backed student loans. 'The rate for a 30-year mortgage is around 5%,' Lee said. 'Why should anyone have to pay 8.5%? The government has bailed out homeowners. It's bailed out big businesses. Why can't it also help students?' Not only that, federal student loans are the only loans in the nation that are largely non-dischargeable in bankruptcy, have no statutes of limitations, and can't be refinanced after consolidation, so Lee can forget about pulling a move out of the GM playbook. And unlike mortgages on million-dollar vacation homes, student loans have very limited tax deductability. A spokeswoman for the Department of Education blamed Congress for the rates which she conceded 'may seem high today,' but suggested that students are a credit-unworthy lot who should thank their lucky stars that rates aren't 12% or higher. Makes one long for the good-old-days of 3% student loans, doesn't it?"
Censorship

Holocaust Dropped From Some UK Schools 1286

Posted by kdawson from the careful-you-might-offend-somebody dept.
dteichman2 writes "It appears that some UK schools are ignoring the Holocaust. A government-backed study, funded by the Department for Education and Skills, found that some teachers are reluctant to teach history lessons on the Holocaust for fear of offending Muslim students whose beliefs include Holocaust denial. Additionally, similar problems are being encountered with lessons on the Crusades because these lessons contradict teachings from local mosques."
Space

US Not Getting Money's Worth From ISS 217

Posted by CmdrTaco from the give-ya-five-bucks-for-it dept.
greysky writes "On the 45th anniversary of his first trip into space, astronaut John Glenn says the U.S. is not getting it's money's worth out of the International Space Station. From the article: "Diverting money from the orbiting research outpost to President Bush's goal of sending astronauts back to the moon and eventually on to Mars is preventing some scientific experiments on the space station"."

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