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Quite different from your previous point (i.e. that they are worthless)? Don't think so. They are a good addition to the salary plus bonus. Now these old compan
by woobar 3y ago
Quite different from your previous point (i.e. that they are worthless)? Don't think so. They are a good addition to the salary plus bonus. Now these old companies switched to RSUs.
- scarface_74 3y agoWorthless meaning. If only 1 in 10 companies ever see a “successful” exit and if even then, my equity may end up being essentially nothing after the investors and founders get theirs and it’s illiquid, why should I value equity at anything more than $0 when comparing compensation?
- woobar 3y agoI am not sure you have read what I said. Already public companies were giving away stock options as far as 15-20 years ago. 100% of them had successful exit.