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Where are you getting that $150M spent on RSU grants per year from? Unless I'm missing it, I don't see that in the report and it seems way too low. Let's say t
by Mg6yDfjp5U 2y ago
Where are you getting that $150M spent on RSU grants per year from? Unless I'm missing it, I don't see that in the report and it seems way too low.
Let's say the average engineer gets $100k/year in RSUs. (I would guess the actual number is higher.) That would only cover 1500 engineers.
- refulgentis 2y agoYou're right, it's too low, see link at bottom: my guess is the $2B number, inclusive of all granted but not vested, is the correct #. In general people way overestimate the # of SWEs at Google relative to the employee #, even within Google. I don't wanna get too cute in public but some fermi estimates including, say, number of employees per engineer at a 100 person startup, and a jaundiced yet correct view of how much is outsourced at a company with a lot of grunt level SWE work common to every company, bridges the multiplier from there. https://www.sec.gov/Archives/edgar/data/1364742/000156459021008796/R27.htm#:~:text=The%20Company%20initially%20values%20performance%2Dbased%20RSUs%20at,million%2C%20$117%20million%20and%20$121%20million%2C%20respectively https://www.sec.gov/Archives/edgar/data/1364742/000156459021....
- lanza 2y agoIt's in the earnings. It was $5.2B this quarter against $15.7B repurchased.
- refulgentis 2y ago[deleted]