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Yeah $175k plus 30% say stake in high growth company plus already owns home plus parents help woth kids and they own home nearby is different to $175k none of a
by parrit 1y ago
Yeah $175k plus 30% say stake in high growth company plus already owns home plus parents help woth kids and they own home nearby is different to $175k none of above.
- steveklabnik 1y agoThat $175k was pre-pandemic, as the post says, it's $207,264 now. I'd also say that you're presuming a lot about the lifestyle of some strangers on the internet.
- ahl 1y agoWhich is $167,202 in pre-pandemic, inflation-adjusted dollars.
- parrit 1y agoThat's the point. "$175k is good enough for me" doesn't mean much, especially as they also have a large stake in the company (not an assumption) as well as possibly other advantages (or not, they dont divulge). Don't get me wrong. Rethinking comp is great and they are paying well. But you can't make the argument that X is enough for founders (plus let's forget equity!!) and so X is generous for everyone.
- steveklabnik 1y agoWe all receive equity.
- mrcwinn 1y agoAll the same equity, I assume?
- steveklabnik 1y agoNo, it’s variable. This is covered in this thread and in the original article.
- parrit 1y agoEye roll. I get capitalism. It's OK. Just say "we do capitalism". Why pretend otherwise?
- steveklabnik 1y agoNobody is pretending we’re not doing capitalism.