She was too excited to sleep. She lay on her back in the dark, and her thoughts seemed to fill the room with rustling wings. She thought about her new plan for Alex, the new system she called Verify. She considered her new fortune, the new funds for Veritech, all the opportunities that money could buy: expansion, new hires, charitable giving. How could she fall asleep and dream, when all her dreams were coming true, first thing in the morning?
All her dreams? No, not quite all. She thought of Laura’s children. Kevin, holding Meghan on his lap, the trays of cinnamon buns warming in the oven until the white glaze dripped down their sides, warm and gooey to the touch.
Once, Laura had had car trouble and Emily had driven her home. She’d driven up Palm Drive into the Stanford campus through the winding roads of Escondido Village, where married graduate students lived.
“That’s the one,” Laura said. “Seventy-six C.”
The brown town house glowed with light. Kevin stood at the door, holding Meghan in his arms. “Come in,” he said.
When Emily stepped inside, she saw toys everywhere, and baskets of yarn for Laura’s knitting. A high chair, a baby swing, stuffed animals on the couch. Kitchen counters covered with clear canisters of flour and sugar, muffin tins, and a standing mixer. A plate of freshly baked corn muffins.
“Would you like one?” Laura asked immediately. “Oh, you probably want a napkin, don’t you? Please excuse the mess. Justin!” He must have been under two at the time. “Don’t touch. No!”
“No! No!” Justin echoed cheerfully as he stood in his pajamas, pushing the buttons of the stereo.
“He thinks all electronics are called No,” Laura said.
“Hey, buddy, can you say hi to Emily?” Kevin asked, and Emily saw how round Justin was. Round tummy, round cheeks and chin.
“Say hello when people are here,” Laura said gently.
“Hello, people,” Justin said.
Now Emily felt the longing come over her. Brief but intense, a kind of homesickness, a desire to paint herself into Laura’s family. It was strange. She knew how hard Laura worked. Laura was her assistant, after all. She knew Laura was exhausted. She could not forget Laura’s news and quiet sigh that meant no, not planned. No, not ready. No, we’d never get rid of it, but now? So soon?
She knew she idealized Laura’s existence. Still, the night before the IPO, Emily imagined Laura’s life. How might she find a piece of that? Not everything. Not so many pregnancies, or so much church, but could she have a bit of Laura’s lamp-lit home? Could she divide the fullness of Laura’s days by forty?
She got to sleep so late that she had trouble waking. At first all she wanted was to doze in the soft morning light. Then her jitters returned. She showered, dressed quickly, and drove to Veritech with wet hair, and Starbucks coffee for her breakfast.
Veritech was a three-story building, a former self-storage warehouse of white cinder block with tinted glass windows. The company had already moved twice, and there was talk of new construction. In the meantime, the start-up had gutted the warehouse with the classic contradictory goals of opening up the space and at the same time packing in as many desks as possible. The result was a hollowed-out building with a freight elevator and a web of metal staircases and balconies overlooking a central lounge that Veritech’s architect called the Living Room.
Now software engineers swarmed the oversized beanbag chairs. Every Veritecher in town had come to watch the company’s debut. There must have been eighty programmers sitting on the floor.
“Take my place,” Alex told Emily, and he gave up his spot on one of the couches to kneel on the rug and open his laptop.
“No, that’s okay,” said Emily. “I’ll find a chair.”
“Please,” said Alex softly, and she smiled and took the seat. He was cute, trying to act chivalrous.
Wild applause. Whoops of delight. Alex was projecting Veritech’s newly minted stock symbol, VERI, on a roll-down movie screen.
Stamping feet and whistles at the graph plotting VERI’s numbers. Six in the morning. The Nasdaq had just opened in New York, and VERI’s price was climbing, scaling jagged peaks from eighteen dollars a share to thirty-six and then eighty-nine. Applause again. Wait. One hundred and three. One hundred and three dollars a share!
Emily held her cup of coffee in two hands and watched Veritech, flying high. Thousands were trading Veritech stock, thousands were paying thousands to buy. A company that had been a couple of rooms and cast-off office furniture was shooting into the stratosphere. Emily knew that Veritech was still a fledgling. She knew her company was not profitable, nowhere near profitable. She knew her start-up floated on millions of dollars of venture capital. She knew all this. She was a sensible young woman. And yet she gazed at the projection on the screen and the numbers were hypnotic. She told herself to look away, but she could not. She felt the first stirrings of a notion strange but compelling: that Veritech’s skyrocketing value reflected the company’s real worth. Emily had never looked at a graph and felt this way before. Although she enjoyed math, her pulse had never quickened at the sight of numbers. Now her heart was racing. Her creation had a price, and then a better price, and then a new price better still. Each number shone brighter than the one before, and she who had always been so rational watched Veritech’s ascent and began to fall in love.
The programmers were cheering like sports fans, like NASA officials at a shuttle launch. High fives. Hugs. Emily and Milton told each other how relieved they were. Yes,
Other emotions remained unspoken. While the group rejoiced in its collective fortune, a private calculus commenced. As one of the three company cofounders, with three million shares, Emily had come into a personal fortune on paper of $357 million. Emily’s assistant, Laura, as employee four, owned half a million shares. As of that morning, she had $59.5 million. And so on down the line, for each of Veritech’s 156 employees, from the oldest, with over two years’ seniority, to the newest, who had signed on to work for options. True, everyone’s stock was locked up for six months, after which—who knew? The shares were volatile. Theoretically the whole industry could go up in flames, but on-screen, Veritech continued to rise, breaking new ground, etching a new social order. Newly minted millionaires like company chef, Charlie, gazed with awe and quiet jealousy at Veritech’s cofounders, now fabulously wealthy. Newly comfortable Miguel, the cleaning engineer, gazed quietly at Charlie. And Veritech, which had been a team where everybody was so free and easy, first names only, could no longer pretend to be a classless society.
“All right,” said Alex, after giant cookies had been delivered and more coffee served. “All right, you guys.”
Despite the early hour, the others followed him upstairs to work. No one knew the precise etiquette for becoming wealthy in an instant, but it felt wrong to sit and watch the stock price for more than thirty minutes as a group. From now on the programmers would check Veritech’s progress every thirty seconds on their desktops.
Part Two
Light Trading
6
George was courting a collection. He wasn’t sure how many books there were. One hundred? One thousand? He had seen only two. The seller was secretive. She said she had inherited a collection of rare books from her uncle, and George assumed the volumes had sentimental value. The two she brought George were intriguing. The first, an 1861 Mrs. Beeton, was not rare by any means, but it was in exceptionally good condition. Beeton’s
