Dropbox was famously leading the SWE comp charts[1]. In particular, they focused on equity grants both pre- and post-IPO. Well, live by the equity sword, die b

Dropbox was famously leading the SWE comp charts[1]. In particular, they focused on equity grants both pre- and post-IPO. Well, live by the equity sword, die by the equity sword: SP500 is up 16 percent in the past year, DBX is down 10 percent. Even over the long term, DBX is down 15 percent since their IPO 5 years ago, while SP500 is up 77 percent. It's the kind of performance that results in layoffs[2], which will probably hit your most expensive / experienced engineers first. Glassdoor ratings suggest remote work did not go well when combined with the layoff. [1]: https://medium.com/@paysa/thinking-inside-the-box-spotlight-on-dropbox-jobs-and-salary-trends-3800408305ce https://medium.com/@paysa/thinking-inside-the-box-spotlight-... [2]: https://www.reuters.com/article/us-dropbox-layoffs/dropbox-to-layoff-11-of-workforce-coo-to-step-down-idUSKBN29I1X0 https://www.reuters.com/article/us-dropbox-layoffs/dropbox-t...