Postado originalmente em Fortune Tech: Technology blogs, news and analysis from Fortune Magazine:
When tech startups are willing to offer almost anyone — even a journalist — shares ahead of an IPO, a burst isn’t terribly far behind.
FORTUNE — I was surprised but not completely flabbergasted by the phone call I received a few weeks ago. A representative of Arista Networks, a networking company I’ve written about recently, phoned to inform me that the company’s chief executive wanted to offer me “friends and family” shares in Arista’s upcoming initial public offering. The offer was explicit, down to the number of shares I’d have the opportunity to purchase at the IPO price. The caller specifically wanted me to understand this offer came directly from CEO Jayshree Ullal.
I declined. I briefly explained that it was impossible for me to accept the gift that was being offered. I also told the (clearly uncomfortable) Arista rep, with whom I’ve dealt for stories for Fortune…
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