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> That's just base salary I meant 200k is just base salary at Oxide. It does not include equity
by jatins 3y ago
> That's just base salary
I meant 200k is just base salary at Oxide. It does not include equity
- loeg 3y agoOxide equity, like for all private companies, isn't worth anything until and if they go public; it has no cash value. For total compensation purposes, it's $0.
- jatins 3y ago> Oxide equity, like for all private companies, isn't worth anything until and if they go public Open AI just had a tender offer for employees this month. It's not public. Clearly the equity is worth something even though the company is not public. Some companies facilitate secondary transactions for their employees. There are ways many employee friendly companies provide early liquidity without IPO.