When Sacramento-based Digital Music Group went public on February 1st, CEO Mitch Koulouris owned 567,752 shares. The stock is trading at $9.90 up from its initial price on 2/1 of $9.75. So, on paper, Mitch is worth a cool $5.6M.

That's better odds of becoming a millionaire than buying a lottery ticket. But founding a company and taking it public is a little more work than walking into your neighborhood gas station and buying a ticket. And for the fortune to hold up, the stock has to stay up until sale restrictions are removed. Let's hope that happens, as there are other local investors in the company also, including several Sacramento Angels.

Gillian Parrillo
The Sacramento Angels