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I think it's quite rare that any individual employee (probably excluding founders) is responsible for a significant percentage of the value of a company.
by michaelmior 13y ago
I think it's quite rare that any individual employee (probably excluding founders) is responsible for a significant percentage of the value of a company.
- DerpDerpDerp 13y agoI mean, if you assume only 10% of that value is going to employees, then you need only half a percent (0.5%) of that to get a $800k bonus. If you've only been there 2-3 years, that's a substantial bonus that pushes your pay above market rate.
- harryh 13y agoYou dropped a zero. 16B * 10% * .5% = 8 Million
- mkhalil 13y agoAnd they only have 55 employees...
- DerpDerpDerp 13y agoYou are correct; I had actually meant 0.05%.
- timfrietas 13y agoOnly the first few engineers get that kind of equity nowadays.