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Nah... Waymo internally had exponentially increasing bonus structure to achieving milestones [1]. This meant starting around 2012, lots of people got mind blowi
by telltruth 9y ago
Nah... Waymo internally had exponentially increasing bonus structure to achieving milestones [1]. This meant starting around 2012, lots of people got mind blowing bonus numbers. It was then soon become clear to top talent that they had enough money to either retire or self fund their own startups or join someone else’s without having to worry about meager salaries of startups. During same time brass decided to water down the bonus scheme and the party was over. Talent departed with their big money already in the bank. Much of the talent also knew that even bigger payouts was on the horizon with car companies buying up any ex-Google startups they can get their hands on.
[1] https://www.theverge.com/2017/2/13/14599186/google-waymo-self-driving-salary-compensation-autonomous https://www.theverge.com/2017/2/13/14599186/google-waymo-sel...