3 ms·
> for current employees the bonuses account for only about 2.5% of the total deal's value and work out to just $83,000 per employee per year. "Just" $83k per y
by Mikeb85 5y ago
> for current employees the bonuses account for only about 2.5% of the total deal's value and work out to just $83,000 per employee per year.
"Just" $83k per year in bonuses. Sounds like a pretty good deal to me, considering other posters who said MC paid pretty well and had good benefits.
Tons of startups use equity as an excuse to under-pay and most go under, leaving the employees with useless stock and having earned less in their prime years than they could have.
- itsdrewmiller 5y agoI don't understand the math here either - 2.5% of 12 billion = 300 million, which would be 250k per person. And that's ignoring the 200mm in RSUs being issued to employees as well.