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CMO is the best paid by far, and while it's still a big number, it's only $500k in salary - about the same as a senior Netflix engineer. All the rest is equity,

CMO is the best paid by far, and while it's still a big number, it's only $500k in salary - about the same as a senior Netflix engineer. All the rest is equity, which is only valuable if anyone wants to buy it.

ToucanLoucan 3y ago
> CMO is the best paid by far, and while it's still a big number, it's only $500k in salary - about the same as a senior Netflix engineer. But is the CMO adding that value to the company? Based on their most recent big project being the licensing guffaw that has them hemorrhaging users, I would kind of say... no?
- signatoremo 3y ago
  How much value do you think you add to your employer? Your value is based on how the market values you, not a specific dollar amount that your lines of code generate (if you are a developer). Similarly the CMO’s compensation is based on how the market values that job. Does the person make more than CMOs of similar companies? If you suck at coding, you’d likely have a hard time landing a new job. If the Unity’s CMO sucks at doing their job, it’d be a stain in their resume, although it’s likely that they can still have a lucrative job in the future (Unfortunately that’s the reality)
- robertlagrant 3y ago
  > But is the CMO adding that value to the company? Based on their most recent big project being the licensing guffaw that has them hemorrhaging users, I would kind of say... no? Maybe, but that's a totally different topic.
bluefirebrand 3y ago
I dunno kinda seems like even if they sold the equity at a fraction of the value they could still easily double that salary or more.
- robertlagrant 3y ago
  Yes, but that isn't money that can be used to rescue the company. It only materialises if people think the shares are worth buying. If a company is selling its own shares to prop up operational costs, those shares will be worth very little very quickly.

ToucanLoucan 3y ago

> CMO is the best paid by far, and while it's still a big number, it's only $500k in salary - about the same as a senior Netflix engineer. But is the CMO adding that value to the company? Based on their most recent big project being the licensing guffaw that has them hemorrhaging users, I would kind of say... no?

signatoremo 3y ago
How much value do you think you add to your employer? Your value is based on how the market values you, not a specific dollar amount that your lines of code generate (if you are a developer). Similarly the CMO’s compensation is based on how the market values that job. Does the person make more than CMOs of similar companies? If you suck at coding, you’d likely have a hard time landing a new job. If the Unity’s CMO sucks at doing their job, it’d be a stain in their resume, although it’s likely that they can still have a lucrative job in the future (Unfortunately that’s the reality)
robertlagrant 3y ago
> But is the CMO adding that value to the company? Based on their most recent big project being the licensing guffaw that has them hemorrhaging users, I would kind of say... no? Maybe, but that's a totally different topic.

bluefirebrand 3y ago

I dunno kinda seems like even if they sold the equity at a fraction of the value they could still easily double that salary or more.

robertlagrant 3y ago
Yes, but that isn't money that can be used to rescue the company. It only materialises if people think the shares are worth buying. If a company is selling its own shares to prop up operational costs, those shares will be worth very little very quickly.