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Same here. I joined a company pre-IPO several years ago and even though though Wall-street just punished us (hint hint) I'm still making close to 1m per year du

Same here. I joined a company pre-IPO several years ago and even though though Wall-street just punished us (hint hint) I'm still making close to 1m per year due to stock appreciation vs when I joined. Unfortunately I'm not worth getting paid that much, so my statement isn't a humble brag or anything, it's a realistic observation that my role + work isn't special and I shouldn't be making this amount. With rest/vest I will likely never get this high of a salary + equity package again. In that sense I feel like I'm currently at my maximum earning potential even though I'm a mid-level engineer. Plus going back to leetcoding? Pfft.

anon9001 5y ago
Similar situation here. With full honesty, if they worked me 18hr/day, I'd just have to put up with it until vesting is complete. Thankfully, most public companies don't seem to have management that will look at your vesting schedule and try to abuse you maximally. I'm really not sure why, they probably should be doing that.
- jkhdigital 5y ago
  I know a capitalist when I see one!
  - anon9001 5y ago
    I suppose so, but reluctantly. My actual choices are to labor aggressively in the hopes of some day entering the investor class that doesn't need to labor for survival, or to do less labor and hope socialism builds me a safety net before I run out of funds. If there's another option, I'd like to hear it, but I'm already pretty far down the capitalist route. Also, the pandemic has really shattered any illusion that we could all work together to achieve any sort of universal good, which probably makes capitalism a better bet.
    - tharkun__ 5y ago
      If you are on the same boat as described in your parent posts and making a million per year and are just waiting for the vesting then I would say if you can endure this, do it till vested and then quit and sell. Then invest this in a diversified portfolio (I'm assuming you have a few million by that time) that pays dividends. Take a regular job. Try the best you can to find a nice position so you don't need to hop too much but basically the point is to find a good company that you can have fun at and still feel valuable. And if they try bullshit you don't care because you have all those dividends and you probably don't even need most of the salary. To me at that point the salary and steady CV would be reassurance against bad stock performance. The dividends are reassurance that I have to take absolutely zero abuse at work and can even use that to make life better for the rest of the employees by being able to speak the truth from a position of financial security. The position fills the hole in life that would otherwise show up soon (sure, take a year for traveling the world or whatever but chances are you won't make it through a full year at a time anyway. Maybe contracting is best, schedule wise.
      - anon9001 5y ago
        > If you are on the same boat as described in your parent posts and making a million per year and are just waiting for the vesting then I would say if you can endure this, do it till vested and then quit That's pretty much the plan, but you lose me after that. > The position fills the hole in life that would otherwise show up soon The purpose of every life decision that I've made so far is to avoid ever having to work a job again again. I don't understand how anyone can "have fun" or "feel valuable" due to employment. Nobody would be there unless they were being paid for it, because all those coworkers were not there before they started getting paid (excluding interns, but that's also an oppressive dynamic). The only data point I have is that school sucked while I was there. People told me I would miss it so much when I got older. They were very wrong. School sucked and was a huge waste of time. College was also a huge waste of time. I don't miss any of it at all. The only thing that makes my career not a waste of time is that it will provide for a future where I can pursue my own interests without threat of hunger and homelessness. I recognize that my position is considered extreme, and I'd like to be convinced otherwise. The only argument I ever hear is "oh you'll be so bored, you'll see, you'll come back" and it doesn't make any sense to me. If I make it through a few more years of this, I'll find the answer and report back :)

anon9001 5y ago

Similar situation here. With full honesty, if they worked me 18hr/day, I'd just have to put up with it until vesting is complete. Thankfully, most public companies don't seem to have management that will look at your vesting schedule and try to abuse you maximally. I'm really not sure why, they probably should be doing that.

jkhdigital 5y ago
I know a capitalist when I see one!
- anon9001 5y ago
  I suppose so, but reluctantly. My actual choices are to labor aggressively in the hopes of some day entering the investor class that doesn't need to labor for survival, or to do less labor and hope socialism builds me a safety net before I run out of funds. If there's another option, I'd like to hear it, but I'm already pretty far down the capitalist route. Also, the pandemic has really shattered any illusion that we could all work together to achieve any sort of universal good, which probably makes capitalism a better bet.
  - tharkun__ 5y ago
    If you are on the same boat as described in your parent posts and making a million per year and are just waiting for the vesting then I would say if you can endure this, do it till vested and then quit and sell. Then invest this in a diversified portfolio (I'm assuming you have a few million by that time) that pays dividends. Take a regular job. Try the best you can to find a nice position so you don't need to hop too much but basically the point is to find a good company that you can have fun at and still feel valuable. And if they try bullshit you don't care because you have all those dividends and you probably don't even need most of the salary. To me at that point the salary and steady CV would be reassurance against bad stock performance. The dividends are reassurance that I have to take absolutely zero abuse at work and can even use that to make life better for the rest of the employees by being able to speak the truth from a position of financial security. The position fills the hole in life that would otherwise show up soon (sure, take a year for traveling the world or whatever but chances are you won't make it through a full year at a time anyway. Maybe contracting is best, schedule wise.
    - anon9001 5y ago
      > If you are on the same boat as described in your parent posts and making a million per year and are just waiting for the vesting then I would say if you can endure this, do it till vested and then quit That's pretty much the plan, but you lose me after that. > The position fills the hole in life that would otherwise show up soon The purpose of every life decision that I've made so far is to avoid ever having to work a job again again. I don't understand how anyone can "have fun" or "feel valuable" due to employment. Nobody would be there unless they were being paid for it, because all those coworkers were not there before they started getting paid (excluding interns, but that's also an oppressive dynamic). The only data point I have is that school sucked while I was there. People told me I would miss it so much when I got older. They were very wrong. School sucked and was a huge waste of time. College was also a huge waste of time. I don't miss any of it at all. The only thing that makes my career not a waste of time is that it will provide for a future where I can pursue my own interests without threat of hunger and homelessness. I recognize that my position is considered extreme, and I'd like to be convinced otherwise. The only argument I ever hear is "oh you'll be so bored, you'll see, you'll come back" and it doesn't make any sense to me. If I make it through a few more years of this, I'll find the answer and report back :)