in Geezer, X-Geek

Red Hat stock pays off again

Back in 1999, I was working at a local, famous IBM/Linux VAR called Indelible Blue as a Linux Specialist. One day I was investigating a customer issue with a CDROM drive and filed a bug in Red Hat’s Bugzilla bug tracking system. Months went by and I didn’t think much of it until later that summer when I received an email from Red Hat telling me I had been awarded a few hundred shares of pre-IPO stock!

I was amazed at Red Hat’s generosity of giving out pre-IPO stock to anyone in their bug tracking system. I sold the majority of the stock before the Dot Bomb era of 2000 but kept some shares around largely for sentimental purposes. With last month’s announcement of IBM buying Red Hat, I decided it was time to cash in the rest of my shares. Thanks to IBM’s purchase of Red Hat, my shares have brought me a welcome chunk of change.

It’s funny to think that my decision to file one bug over 19 years ago is still paying off today, and in a big way!

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