Of all the companies gone public in the past year, only one pays for its CEO's yacht-club membership. That's security-software maker ArcSight, which went public on Valentine's Day. The CEO is Robert Shaw. According to Footnoted, Shaw's other benefits include an apartment near ArcSight's Cupertino headquarters, a car for when he's in San Francisco and airfare for travel between Shaw's homes in Montana and Cabo San Lucas. All of which isn't as unusual as the yacht-club membership.
Of course, in Silicon Valley, an obsession with yachts isn't unusual, either. Though for Shaw to catch sharks like Oracle's Larry Ellison, his boss of six years in the '90s, he's going to need a bigger boat