Typically it's said for companies that experienced massive growth in valuation. For example, if you got $400k in NVDA 4 years ago it would be worth $4M today. I

Typically it's said for companies that experienced massive growth in valuation. For example, if you got $400k in NVDA 4 years ago it would be worth $4M today. In order for your compensation to stay the same, you'd need to get a $1M refresh every year which is unlikely unless you got promoted to a VP position.