4 ms·
What's SV to you? Most people I know in the greater Bay Area don't have the huge options or rsu grants. I think you FAANG folks forget you're in the minority wi
by lambda_obrien 6y ago
What's SV to you? Most people I know in the greater Bay Area don't have the huge options or rsu grants. I think you FAANG folks forget you're in the minority with those huge stock grants that are worth something. My current company is going public and I will get about 25k per year (~100k vested over 4 years) from my options once they vest and that's basically it.
- almost_usual 6y agoNot to get your hopes up but there’s no reason your options won’t grow. You might be surprised what your total comp is in a few years.
- Thrymr 6y agoThey also might not grow! There is a wide range of outcomes, even for options when you appear to be headed for an IPO.
- lambda_obrien 6y agoEven if they double in value, my total comp will be way, way below a similar salary level at a Google or Facebook, people don't realize just how lopsided the salary scales are at the giants. I work at a small startup that can sustain good growth at a decent rate (maybe our business will be 50 percent bigger per year) but not like 10x per year, for reference