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Varies a lot. I’ve seen people at smaller public companies get $5m+/yr offers and they managed maybe 15 people total. SV is weird - some people get really big o
by bradlys 4y ago
Varies a lot. I’ve seen people at smaller public companies get $5m+/yr offers and they managed maybe 15 people total. SV is weird - some people get really big offers.
With crazy stock valuations and growth - some people do be getting big stacks. They might’ve gotten a $300k + 600k offer but then it turns into $300k + 3000k because stock went up 5x. Happens a lot here.
- tomnipotent 4y agoMore people are struck by lightning than stumble into comp packages like these. > $300k + 3000k No one is getting millions of options/shares outside of founders and investors. A mid-stage growth start-up might give a few hundred thousand shares to a non-founding C-level exec, or a pre-IPO CFO taking point on going public might get close. Outside of nepotism and incredibly rare skill sets aligned with growth initiatives, these deals only exist in our fantasies.
- bradlys 4y agoStock appreciation... I was one of these people who saw 7 figure TC and I was just a senior IC. So, you're wrong. It's extremely common in SV. You have to be past $3.5m income to be in the 1% here. You think it's only execs at big companies making $3m+/yr?