"a fish, a barrel, and a smoking gun" |
Weenie Roast
"You are a sourpuss, aren't
you?"
"Yeah."
"You want to bite somebody?"
"Yeah."
"Well, pick your spot."
- Gloria Grahame and Charlton
Heston, The Greatest Show on
Earth
In one of those odd little ironies that infest the computer industry like maggots on a corpse, it's a hell of a lot better to be a former employee than it is to actually work somewhere. When you're an employee, you're completely at the mercy of whatever pitiless son of a
bitch install as your boss. Mandatory overtime, insane schedules, blatant stupidity - you've got to take it, often up the ass, 'cause it's their company, this is America, and that's capitalism. Period. But after you've lost it - after you've tossed around a few expletives and a few chairs and after you've walked out the door for the last time - you're not just a former employee, you're a stockholder. The stock that lured you into the cesspit, the sweet that led you into the witch's oven, the rotting carrot at the end of a weighted stick that wasn't worth your sanity or your stomach lining, is suddenly there, in front of you, and more valuable than you can imagine. "Value" is a relative term, of course. In my case, the company is still private and looks to stay that way for a good long time, so the spiffy stock certificate they sent me is worth, in dollars, exactly squat. But its value to me, on the other hand, is huge. Its value is juice. Power. The ability to take my life and my self-respect back from their filthy, sucking maw. Exercised prepublic options have all the thrilling slow-motion menace of a turning knife. Stock makes you an insider, an owner, someone who can do a little squeezing of his own. Stock gives you a legal lever big enough to move a little earth. You're not going to topple the CEO, no matter how much the bastard deserves it, but you can put some sand in his swimtrunks and irritate the asshole no end. Is that petty? I don't care. For a year I danced like a spasmodic puppet, on their strings and to their songs, and the chance to tweak them, in some small way, is worth more to me than you can imagine. I lost my self-respect, my self-control and any faith I had in the meritocracy of the American corporation to them and the ability to make them scamper and sweat - even just a little - goes a long way towards healing deep wounds. It's my therapy and I don't give a shit if it's petty. Pummeled into the ground, you'll feel a lot better if you can trip the bully as he walks away. So when my certificate arrived, I sent an email asking for everything that stockholders deal with: financial data, company bylaws, that sort of thing. I've got rights, right? The weasels. Their response, and I'm quoting here, said that "being a shareholder does not in and of itself bring with it any rights to proprietary information." If I were a member of the board of directors, I "would be entitled to certain financial information," but barring that I "do not have access" to any such data. Is there an appeals process? "No." May I see the company bylaws? "No." Don't fuck with nerds: they know how to use a library. The California Corporations Code,
Sections 1601(a)-(c) specifically states that if you hold any equity in a corporation and if you have a legitimate reason - say, determination of the quality of your investment - you may view company financial reports, board of directors meeting minutes, company bylaws and articles of incorporation without prejudice. People with over five percent - a long way from my 0.0004% - have other rights. Most states have similar provisions. When I pointed out this fact to them, mentioning that they were either massively incompetent or criminally exclusive, they folded like a cheap lawn chair and set up a date for me to review the documents, at the corporate headquarters, per the laws they were suddenly very well versed in. The vicious bitch was going to lift her skirt. The documents themselves are insanely boring, financial and legal mumbo jumbo, and digging into them wasn't nearly as much fun as watching my chaperone squirm and watch the clock and tap a pencil. In summary: Wonder Boy the CEO has done nothing to staunch the flow of red ink and he's handing out stock like candy to lure rats onto the sinking ship. The company's headed into the crapper and nobody knows what to do about it. Well, duh. I already knew that. And, of course, there were irregularities and omissions from the documents they showed me. There was no record of executive compensation included in the meeting minutes, for example, and from my reading of the Code that appears to be a requirement. Who knows what else they left out? Off went another are-you-an-idiot-or-a-criminal letter. This was getting dull.
So: fuck 'em. I'm not going to follow up. Kicking dogs may be fun, but it's exhausting and I've got a life to get on with. Not many people I've spoken to understand my motivations for doing what I've done - there are times when I don't understand them myself - but the process has at least been cathartic, a release of the black pool of
rage gut for too long. Emasculated and marginalized, I guess I just had to do something to make me feel whole again. And now, it's done. Besides, I'm still an owner. I've still got a stake. And the fancy stock certificate, filed carefully away, is still a hot poker that can be pulled out any time I feel like smelling burnt flesh. courtesy of POP
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