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I don't think being well comped Google, Facebook or Twitter (a friend of mine recv'd $640k in RSU's) is settling for mediocrity. Generally RSU terms are 1 year
by balls187 13y ago
I don't think being well comped Google, Facebook or Twitter (a friend of mine recv'd $640k in RSU's) is settling for mediocrity.
Generally RSU terms are 1 year cliff, 4 year vest, so that's an EV of $250k per-year. More if the stock price increases.
I'd imagine that stock grants come as both performance bonus grants and RSU's, and that they come on an annual-semi annual basis.
But yes, golden handcuffs can lead to institutionalization, though that isn't necessarily a bad thing.
- null_ptr 13y ago> I don't think being well comped Google, Facebook or Twitter (a friend of mine recv'd $640k in RSU's) is settling for mediocrity. I didn't mean the compensation is mediocre, but the work you're doing. I'm sure a lot of brilliant people choose to stick it out for "just 5 more years" over and over again to get more of that $1MM, rather than go off independently and realize their ideas, or join a modest company that works on fresh things.
- JoachimSchipper 13y agoSome of that is true, but making a huge company like Google a tiny bit better adds quite a lot to the world. There is a reason why they pay better than startups...
- malandrew 13y agoWhile there are a lot of opportunities in those companies where you work on amazing projects that can accrue to you amazing experience, there are also a lot of areas in those companies where the amount of value you are accruing to your experience is less than other opportunities available to you. This is an experience opportunity cost.