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It seems completely crazy that they'd need to pay him $600m of equity at signing. Like why not close him with a package of (say) $200m? Even if he was making $5
by hackitup7 4y ago
It seems completely crazy that they'd need to pay him $600m of equity at signing. Like why not close him with a package of (say) $200m? Even if he was making $5m annual TC at Google, that would still be 10x his comp in equity alone.
- vernon99 4y agoThis of course is not what happened. The article explains. He was granted stock at a much (much) cheaper price.