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> you cant pay rent with total comp stock/equity Sure you can, you just sell it as it vests. Which is the commonly-recommended thing to do. At a public compan
by ptmcc 5y ago
> you cant pay rent with total comp stock/equity
Sure you can, you just sell it as it vests. Which is the commonly-recommended thing to do.
At a public company RSUs are so liquid they are damn near as good as cash. Once you're on the vesting treadmill they're hitting every quarter, or even every month. That's not much different from a paycheck.
Yeah there's market risk that dictates the actual value, but when you're getting your salary again as RSUs it's still a boatload of cash regardless of market performance. Cash that you can pay for things with. Like rent.
- TuringNYC 5y ago> Sure you can, you just sell it as it vests. Which is the commonly-recommended thing to do. Sure. Anyone want to purchase my vested Series A company RSUs? Lets be fair -- FAANG isnt complaining about lack of talent -- mostly smaller pre-IPO or early stage firms are complaining, which is why my original comment noted "non-public companies". Your view is correct only for public companies and a handful of private companies which have an active market to liquidate stock and options.
- ptmcc 5y agoTotally, anyone counting non-public equity toward their total comp is deluding themselves. Including the private companies trying to spin it as compensation. They are lottery tickets, barely worth anything.