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"Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of year
by sumeetjain 16y ago
"Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock."
Am I missing something, or is expecting "1/10 of 1%" equity insane? I've never heard of a mid-level developer getting that at a company of Facebook's size.
- ecuzzillo 16y agoWell, maybe they're expecting 1/100 of 1% or less, which would still net them several million, which is a lot more than Google's counteroffer.
- jackowayed 16y agoThere was a rumor somewhere that a few people they really want are getting offered as much as 1/10 of 1%. But yeah, obviously not every Google employee that swings by Facebook for an interview is going to get offered that much. That's the ceiling.
- deleted 16y ago[deleted]
- Tim_M 16y agoWhat does "1/10 of 1%" actually mean? How is it different from 0.1%?