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Even though the pay is lower and hours longer - at his other companies they offered stock options that at least 20x’d over the past 10 years at SpaceX and Tesla
by bottlepalm 4y ago
Even though the pay is lower and hours longer - at his other companies they offered stock options that at least 20x’d over the past 10 years at SpaceX and Tesla.
If the employees at Twitter think under Musk’s leadership that they can grow the company to 200 billion or more - then yea it’d be worth staying to collect stock that no one else can get now.
Hopefully they’re giving the remaining employees generous stock awards for staying. With the user base they have there’s no reason they can’t grow the company a lot with the the right strategy.
Musk has already discussed attacking YouTube directly and it sounds like he wants to expand into other social network niches. The whole X.com thing.
A lot of Twitter employees could come out pretty wealthy if successful. If it were me I’d stick around a year at least to see which way this whole thing is going.
- nickstinemates 4y agoWould be interesting to know if the company is recapitalized/option pool reset and what the new deal is for the remaining employees in terms of options like a traditional startup. Would lend credence to the belief to have outsized returns for the brutality. I'd also imagine if this ends in a positive financial turnaround, against all expectations of the peanut gallery, it would be a really impressive career achievement.