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How would you feel if you were a Dropbox employee right now

• nickm12 10y ago
  I'm a Dropbox employee. Yeah, it's not fun to see your valuation go down when equity is part of your compensation. But I was previously an Amazon employee (also compensated in equity) and got to watch the stock value change on a daily basis. Sometimes it would pop after quarterly results, sometimes fall, but more than either of those it would change due to macroeconomic forces that were completely independent of the company's performance. Setting aside the market forces outside our control, As a Dropbox employee I actually feel pretty good. We have a business model that is based on people paying us for value we create directly with our products and I'm excited about what's in the pipeline.
  • lalala12399 10y ago
    did you receive options or RSUs? "not fun" is one thing. being underwater is something more than that I would think...
    • nickm12 10y ago
      RSUs, both at Dropbox and Amazon. And yes, you're right that RSUs are better than options for that reason.
      • lalala12399 10y ago
        when did Dropbox switch from options to RSUs? i imagine some of the most tenured employees will be screwed...
• draw_down 10y ago
  "Boy I sure hope I negotiated a good salary instead of discounting it to take funny-money equity."