News for hackers. Stuff that matters.

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 dx034 on Wednesday April 11, 2018 @11:08AM (#16811846)
Is that equity you can sell? Or does it have several years lock-up? In that case I can imagine that the value is hard to estimate, e.g. SNAP employees will have had a significantly lower comp than thought.
[ Parent | on HN ]
Re:Ask HN: Those making over $300k/year, how did you achieve... by prostoalex on Wednesday April 11, 2018 @11:15AM (#16811933)
Companies generally under-value private equity precisely for the purpose of compensation, as potential hires are attracted to upside.

SNAP employees who started around IPO time or a few months thereafter are likely having a bad time, longer time employees have received equity at much lower prices than today's $15.

[ Parent | on HN ]