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A comment on Ask HN: Those making over $300k/year, how did you achieve it?. Parent comment

Re:Ask HN: Those making over $300k/year, how did you achieve... by aantix on Wednesday April 11, 2018 @10:58AM (#16811676)
Shouldn’t there be a distinction made between public and private company equity?

150k of Facebook stock seems much more desirable vs 150k of Uber stock because at least with Facebook stock you could liquidate it on the public market?

Or am I missing something?

Paysa puts Uber at #1 for compensation, but their stock isn't liquidatable like a public company. Doesn't make sense.

https://www.paysa.com/company-rank

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Re:Ask HN: Those making over $300k/year, how did you achieve... by prostoalex on Wednesday April 11, 2018 @11:34AM (#16812192)
> 150k of Facebook stock seems much more desirable vs 150k of Uber stock because at least with Facebook stock you could liquidate it on the public market? Or am I missing something?

If you're fresh out of school and need to cover the student loan and the rent - sure. If your previous employment includes significant time spent at GOOG, FB, AMZN, NFLX, AAPL, WhatsApp, Instagram, YouTube, NVDA or even YHOO or AMD or TWTR, your everyday cashflow situation is likely taken care of, and what you're looking for is potential growth.

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Re:Ask HN: Those making over $300k/year, how did you achieve... by inmyunix on Wednesday April 11, 2018 @12:07PM (#16812545)
right. stock compensation is your independence fund and I don't think about it like I do salary or cash bonus.
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Re:Ask HN: Those making over $300k/year, how did you achieve... by fjsolwmv on Wednesday April 11, 2018 @11:10AM (#16811872)
The secondary market used to be an easy way to liquidate, back before FB IPO. Is it still ok?

https://sharespost.com/companies/uber/

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Re:Ask HN: Those making over $300k/year, how did you achieve... by fjsolwmv on Wednesday April 11, 2018 @11:14AM (#16811931)
Ask anyone you know who works at those companies. They will confirm that paysa's data is absurdly wrong. Their "median" is the minimum at my company.
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Re:Ask HN: Those making over $300k/year, how did you achieve... by aantix on Wednesday April 11, 2018 @11:25AM (#16812070)
What's the company?
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Re:Ask HN: Those making over $300k/year, how did you achieve... by adamnemecek on Wednesday April 11, 2018 @10:59AM (#16811686)
Uber stock has more promise of growth. Also there are private markets (idk to what extent one can participate tho).
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Re:Ask HN: Those making over $300k/year, how did you achieve... by alangibson on Wednesday April 11, 2018 @11:00AM (#16811720)
And more risk that they will never even go public. I've had options for more than one company that no longer exists.
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Re:Ask HN: Those making over $300k/year, how did you achieve... by solarkraft on Wednesday April 11, 2018 @11:16AM (#16811956)
Can't you sell the stake privately? Does it have to be approved by some higher up? I'm guessing it depends on the company.
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Re:Ask HN: Those making over $300k/year, how did you achieve... by chrisper on Wednesday April 11, 2018 @11:00AM (#16811722)
Uber Stocks don't feed you tho.
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Re:Ask HN: Those making over $300k/year, how did you achieve... by madeofpalk on Wednesday April 11, 2018 @11:22AM (#16812034)
Can't pay the rent with private equity!
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