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This a good point. Investment banks also generally have a very high percentage of employee ownership (50%+) because so much of their value is their employee bas
by tomkarlo 13y ago
This a good point. Investment banks also generally have a very high percentage of employee ownership (50%+) because so much of their value is their employee base.
- dyno12345 13y ago50%? That's way better than any SV firm
- tomkarlo 13y agoIt's not quite apples to apples. Bankers get paid way more (so they sell off less of their stock) and they are also often paid in RSUs or other forms of stock comp that can't be sold for several years. Tech workers are generally paid with stock that vests each year, and if they're smart they'll sell that down immediately (as they still generally have lots of future stock they're still exposed on, from a portfolio perspective.)
- dyno12345 13y agosell that down? What does that mean?