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I doubt the average engineer at one of those companies got compensation of $10M. Most of the money/shares/options/compensation likely went to management and inv
by jsprogrammer 10y ago
I doubt the average engineer at one of those companies got compensation of $10M. Most of the money/shares/options/compensation likely went to management and investors. It would not be surprising if sama made more on a deal than an acquired engineer.
Can we get a fact check, YC?
- shoo 10y agosure, but you're thinking about the perspective of the engineer. from the perspective of the buyer, this is all part of the cost of the transaction
- ci5er 10y agoIf there were 10 engineers, no one else, and no investors, and they each had 10% of the company, and that company sold for $100M, then they would have each gotten 10% of the company. But that's not likely. From the point of view of a buyer who spent $100M and got 10 engineers out of the deal, the cost was $10M/engineer, whether the engineers each got $10M injected into their pockets or not.
- wott 10y ago> From the point of view of a buyer who spent $100M and got 10 engineers out of the deal, the cost was $10M/engineer That's not even so: he didn't buy the engineers, they are not his property and they are free to walk away the day after, so he hardly got them. For a day, OK :-)
- ci5er 10y agoWell, sure - you're right. They outlawed slavery; that's why they have lockup provisions. In acquihire-land, that's the short-hand terminology that is often used. I'm sure there are more precise (and lengthy) ways to say the same thing.