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By the same logic, Google's stock is at $1100 meaning anyone with 900 shares of Google is also a millionaire. Now I don't know about you, but I have some softwa
by product50 13y ago
By the same logic, Google's stock is at $1100 meaning anyone with 900 shares of Google is also a millionaire. Now I don't know about you, but I have some software engineer friends at Google and, first hand information from them, they are NOT millionaires. Typically, companies know how much they are worth (or will be worth post IPO) and distribute stock to employees accordingly. Exception is of course if you join the company in the early rounds of funding (when typically the valuation of the company is low so you have to compensate with more stocks).
Twitter almost doubled its headcount in the last year itself - I am not sure if they were paying 10s of thousands shares to newly joined employees especially when their last valuation (before IPO) valued Twitter at $10B or so.
- prostoalex 13y agoSome people have been offered that, and others have not. http://www.quora.com/Salaries/I-was-offered-15000-RSUs-as-part-of-my-Twitter-offer-a-year-ago-I-didnt-take-it-Does-that-mean-they-wouldve-been-worth-600-000-today-ignoring-tax http://www.quora.com/Salaries/I-was-offered-15000-RSUs-as-pa...