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It's strange for a site where most compensation is non-cash to hear people extolling their virtues of cash only for compensation
by HWR_14 5y ago
It's strange for a site where most compensation is non-cash to hear people extolling their virtues of cash only for compensation
- neon_electro 5y agoI don't know about you, but in my 10-year career so far, the amount of cash compensation I've earned is orders of magnitude higher than the actual liquid compensation I've received from equity actually becoming worth something. tl;dr I got lucky and won the startup lottery, but it didn't pay out nearly as much as the cash compensation I've earned. Am I in the minority here? I doubt it.
- Cederfjard 5y agoThey’re probably talking about RSUs at Big Tech, rather than startup options.
- orangecat 5y agoRSUs are nearly as liquid as cash. Health insurance is very much not.
- HWR_14 5y agoRSUs are liquid after they vest. Health insurance vests pretty much right away