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US-based principal and senior staff engineers, as well as staff engineers who negotiated hard with competing offer(s) and/or saw significant stock growth betwee
by moosedev 4y ago
US-based principal and senior staff engineers, as well as staff engineers who negotiated hard with competing offer(s) and/or saw significant stock growth between their RSU grant and vest dates, could all have plausibly been clearing $800k in a given recent year. Even senior engineers, in outlier cases of the stock growth case.
- smileysteve 4y agoBut as of the takeover, RSUs and options are likely being offered valued at the takeover price, while Elon knows the next 409A will likely value the company at ¼ of that.
- dangerwill 4y agoTwitter went public at $45 a share and only had a max of $77. Sure some engineers could have almost doubled their RSU valuations if they had perfect timing but this isn't a case like GOOG/APPL/TSLA where 100x jumps occurred. Or is my thinking here naive?
- moosedev 4y agoI think your thinking is correct, and “almost doubled” is the kind of multiplier I was thinking of for the outlier, but not unrealistic, cases of some staff engineers or even occasionally senior engineers ending up with as much as $800k total comp in a given recent year. No need for 100x or even 5x stock growth to have occurred.