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And those employees would be statistically better off working for one of the public BigTech companies that give salaries + RSUs. I can trade my RSUs for real c
by scarface74 4y ago
And those employees would be statistically better off working for one of the public BigTech companies that give salaries + RSUs.
I can trade my RSUs for real cash every six months after they are deposited in my account. I know the potential value of my next RSU grant every 15 minutes as it is updated on my Google Sheets.
The VCs make a return by diversifying their bets. But as an employee for a startup, you are not well diversified.
On a related note, Warren Buffett made a bet with hedge funds that he could have better returns just by investing money in an index fund over 10 years - he won
- molsongolden 4y agoNo disagreement here. Ignoring the other pros/cons of BigTech vs. startup work culture that some might mention, many startup employees would take BigTech jobs if they could. Not everybody can land a BigTech job though.