4 ms·
I wonder if this is a side-effect of (relatively) high engineering salaries. Financiers say 'ok, fine we can take paying $100k a year because we can write out y
by alex_martin 15y ago
I wonder if this is a side-effect of (relatively) high engineering salaries. Financiers say 'ok, fine we can take paying $100k a year because we can write out your options at will.'. It may be a wider symptom of VC starting to attract more cut-throat PE firms.
- zoowar 15y agoThe valuation is $8bn. Worrying about $100K is pointless. Stealing equity should be criminal.
- iuytghyjuyh 15y agoValuation $8Bn Stealing back options $100K Meaning no founder or employer will ever trust silverlake - priceless Silverlake are now totally worthless as a VC and any startup funded by them who have engineers with options (vested or not) is in serious risk of a mass exodus.
- taa4321 15y agoTheir whole scam runs on technology. Engineers are seriously under compensated considering that the whole thing is riding on bits these days.