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Stock price for most of the FAANGs has gone up by about 2.5x in the last year. If you had $200K base, $50K bonus, and $300K stock compensation in 2019, you're
by nostrademons 5y ago
Stock price for most of the FAANGs has gone up by about 2.5x in the last year. If you had $200K base, $50K bonus, and $300K stock compensation in 2019, you're now making $1M today. That's roughly L6/E6/ICT6 (staff) level.
- agrajag 5y agoWhich FAANG has had their stock go up 150%? They’re all doing well, but even Amazon hasn’t doubled their stock since prepandemic. There are definitely more people making 1m/yr at FAANGs than their were last year, but I agree with others that it’s not “a lot.”
- nostrademons 5y agoFB in May 2019 = $177.47, today = $332.04, 87% appreciation. AMZN in May 2019 = $1775, today = $3496, 96% appreciation. AAPL in May 2019 = $43.77, today = $130.87, 198% appreciation. GOOG in May 2019 = $1103, today = $2508, 127% appreciation. That's all over the last 2 years. Market low was apparently Dec 2018, before the Fed started cutting interest rates, so the numbers are a bit bigger since then. They were pretty steady through 2017-2019, so anyone who got grants or refreshers during those time periods has benefitted from that appreciation.
- kortilla 5y agoGoogle has not even hit 2x. https://finviz.com/quote.ashx?t=GOOGL https://finviz.com/quote.ashx?t=GOOGL Also, staff level is a tiny slice of the engineers at FAANG. So still not “a lot” even if your stock appreciation numbers were correct.