Re:TLDR Stock Options
by bradlys on Monday March 04, 2019 @01:40PM
(#19303923)
But your comp is almost always crap compared to a publicly traded company. (i.e. FAANG) Just look at the numbers on this website to get the expected value of startup stock. Short of getting an obscene amount of stock in a startup, it's not worth it. And almost no startup is going to give you 5-10x+ the amount of stock that other employees are getting for the same position.
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Re:TLDR Stock Options
by roguecoder on Monday March 04, 2019 @02:26PM
(#19304408)
Many people aren't comparing to FAANG companies: they are comparing to other places they actually want to work.
FAANG companies aren't paying that much because they get so much more value out of employees: they are paying that much more because that's how much extra they have to pay to convince people to take the jobs they are offering.
Obviously if they paid less they would get fewer engineers, but there are plenty who would take peanuts to work on problems at that scale. The actual reason they're paying that much because they have no limit on the number of 1% engineers they can put to work, and they want as many as they can get.