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Tell them what? That if they had invested part of their huge six figure salaries into a diversity of tech stocks over the past several years they could have bee
by xwdv 6y ago
Tell them what? That if they had invested part of their huge six figure salaries into a diversity of tech stocks over the past several years they could have been actual millionaires by now instead of waiting this long for some IPO sitting on bubbly valuations that could pop in an instant?
Gladly. I hope they form a single file line.
- tempsy 6y agoyou assume no one is putting part of their base salary and cash bonus in the stock like any other person would. of course they are. just because the equity portion of your comp is illiquid vs someone else doesn’t mean you don’t have the means to save and invest.
- lumost 6y agoThe comparison is being drawn between employees who joined say google, amazon, or netflix - and those who joined startups. The employees at the public company benefit in negotiations with the employer by having price transparency on the value of their equity as well as liquidity. You could work for Facebook, but think Apple is a better bet and sell your equity every month to buy apple shares. Most startup employees overvalue their equity and accept lower total compensation compared to their public company counterparts and receive illiquid or potentially even negative value financial instruments in return.