News for hackers. Stuff that matters.

A comment on Google Making Extraordinary Counteroffers To Stop Flow Of Employees To Facebook.

Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by sumeetjain on Wednesday September 01, 2010 @03:04PM (#1653841)
"Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock."

Am I missing something, or is expecting "1/10 of 1%" equity insane? I've never heard of a mid-level developer getting that at a company of Facebook's size.

[ Parent | on HN ]
Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by jackowayed on Wednesday September 01, 2010 @04:14PM (#1654086)
There was a rumor somewhere that a few people they really want are getting offered as much as 1/10 of 1%.

But yeah, obviously not every Google employee that swings by Facebook for an interview is going to get offered that much. That's the ceiling.

[ Parent | on HN ]
Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by Tim_M on Thursday September 02, 2010 @09:57AM (#1656142)
What does "1/10 of 1%" actually mean? How is it different from 0.1%?
[ Parent | on HN ]
Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by ecuzzillo on Wednesday September 01, 2010 @03:24PM (#1653924)
Well, maybe they're expecting 1/100 of 1% or less, which would still net them several million, which is a lot more than Google's counteroffer.
[ Parent | on HN ]
Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by jw84 on Wednesday September 01, 2010 @03:53PM (#1654018)
No guarantees.
[ Parent | on HN ]
Re:Google Making Extraordinary Counteroffers To Stop Flow Of... by forensic on Wednesday September 01, 2010 @04:11PM (#1654075)
it's a facebook IPO... i would take the gamble...
[ Parent | on HN ]