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What a rip off. I'll not work for Facebook for only $2.5M. :-)
by DrStalker 16y ago
What a rip off.
I'll not work for Facebook for only $2.5M.
:-)
- electromagnetic 16y agoMy problem if a company paid me $3.5 million not to leave for its competition would be that I'd quit the day the money was in my bank account anyway. I wouldn't go work for the competition, but I'd be starting my own company. I could do a hell of a lot with $3.5M, and probably make more than I ever would being an engineer for Google.
- vibhavs 16y agoI don't think the money just shows up in your bank account one day. From the TC article: "this means Google is handing over stock worth $3.5 million based on its value today, and that stock will vest over time."
- donaldc 16y agoThe $3.5 million is in restricted stock that presumably vests over four years. If you left the day after accepting the counter-offer, you'd get nothing.
- CamperBob 16y agoUnless I factored it.