They will and they have, if not for Arnopp's group, then for others. Online auction house eBay created an entire foundation in 1998 with 107,000 shares of pre-IPO stock. In Silicon Valley, it's all about options. It is a language that driven tech workers can understand. Peter Hero, who runs the Community Foundation of Silicon Valley, a charitable umbrella, says the new form of giving might serve to inspire individuals to give stock, too.
Work can dominate life here.
It is where people build attachments and find community. Arnopp just knows there is something to this stock stuff. Then, the company went public and Arnopp watched. You bet,'' he says. Because of securities regulations, it could be September before Habitat can actually sell its stock.