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Employees are paid stock. It's hard for prospective/current employees to take the valuation seriously without some external validation. This is a problem for bo
by rupert1234 7y ago
Employees are paid stock. It's hard for prospective/current employees to take the valuation seriously without some external validation. This is a problem for both employees and employer. The investors (SL and AH) are seen to be savvy. This round solves a specific problem for the company.
- foota 7y agoMakes me wonder, I'd assumed that Waymo employees get Alphabet stock, do y'all think this is inaccurate?
- BigBubbleButt 7y agoNope. Waymo employees get Waymo stock.
- rockinghigh 7y agoThey get Waymo RSUs.
- Jagat 7y agoand from what I've heard, they give X RSU, and don't tell what that would be worth till you accept the offer and start working for them.
- djannzjkzxn 7y agoDoes everyone get that treatment? Seems like it would hurt recruitment of experienced engineers. I won’t work for mystery bucks when there are plenty of companies (including Google) that pay well with liquid stock.
- pas 7y agoYou can ask for a raise, quit, look for a new job, and also take a look around. Doesn't sound like that big of an issue.
- rupert1234 7y agoHence this raise. It makes mystery bucks less mysterious.