4 ms·
I'm referring to the cash salary only.
by twblalock 10y ago
I'm referring to the cash salary only.
- warent 10y agotsunamifury said pay, not cash salary... There's more to pay than cash, especially for private companies.
- traek 10y agoComparing two offers where one is cash + liquid equity (the case at most major tech companies) and the other is the same amount of cash + equity in a company that has no near-term plans to IPO (the case at Uber), most people would consider the first offer to be worth more. Even if nominally the equity is worth the same in the both cases, liquidity is also valuable. (And the equity might not really be worth the same--companies have been forced to IPO at a valuation lower than their last round of funding.)
- umanwizard 10y agoStock is exactly the same as cash to me, since I always sell all of it on the day it vests. Why would you only compare cash salaries when evaluating compensation? That makes no sense.
- twblalock 10y agoIt's different for private companies. You can't just sell the stock on the public market. Also, incentive stock options are subject to the AMT.
- lazyasciiart 10y agoMy stock award halved in value in the year it took to vest. Treating it "exactly the same as cash" is foolish.