3 ms·
I didn't say median. I said it is L5-L6 comp, which doesn't make it a median as I assume most engineers will be in L1-L4 band. That said, it is not an outlier e
by dmode 8y ago
I didn't say median. I said it is L5-L6 comp, which doesn't make it a median as I assume most engineers will be in L1-L4 band. That said, it is not an outlier either. And won't be surprised is 20-30% of engineering and PM orgs are making that money.
Also, Uber and Airbnb gives RSUs which are not paper money. I am confident that an IPO for both these companies are inevitable.
- toephu2 8y agoRSU's in a company that hasn't gone public are not very liquid... not paper money, but definitely not worth face value. Take that value and cut it in half or 1/4.
- dunpeal 8y agoStill a lot better than stock options in a startup that isn't even close to liquidity.
- philsnow 8y agoYou picked .5 or .25 as the multiplier. If it's still 2-5 years until a public offering, it's also quite possible for the multiplier to be closer to 1.5 or 2. Everybody has a different assessment of how likely each outcome is, so everybody has a different expected value.