3 ms·
I remember reading stories in the late 90's/early 00's of workers in the Amazon warehouse becoming millionaires thanks to stock options and big jumps in the sto
by o8r3oFTZPE 5y ago
I remember reading stories in the late 90's/early 00's of workers in the Amazon warehouse becoming millionaires thanks to stock options and big jumps in the stock price. It sounds like that does not happen anymore except for employees in the offices. Perhaps employees in the offices know recognise that Amazon has overstepped its bounds but stick around waiting for vesting and/or (smaller) increases in stock price.
- menzoic 5y agoMassive success is rare and being there early is even more rare. It still happens. An artist who painted murals for Facebook's office got paid in shares that were worth $200M after IPO. Any current employees have no expectation in similar stock gains any time soon, that kind of explosive growth happens before IPO.