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Part of his argument here is stock is funny money. I think that is less true at FAANG today. You start vesting in a quarter, vest monthly after that, and RSUs a
by mackman 4y ago
Part of his argument here is stock is funny money. I think that is less true at FAANG today. You start vesting in a quarter, vest monthly after that, and RSUs are treated as income unlike options. Yes stock may change a bit but it’s more likely than not to stay within the 550-650k range. It’s not at all like illiquid startups.
- hamburglar 4y agoFor sure. If you have 300k/yr in RSUs from a trillion dollar company, you may not be able to predict the exact value of that comp 4 years from now, but it’s pretty reasonable to assume its value isn’t going to be diminished significantly, unlike startup equity.