Re:There’s no such thing as “a startup within a big company”
by CydeWeys on Thursday February 18, 2021 @12:32PM
(#26182795)
> Equity comes third. If you work for a FAANG, maybe equity can move higher up (though it remains to be seen how long this will be true).
Tech companies are the largest companies in the US economy these days. They are the economy. For better or worse they're now too big to fail, and in some severe recession they would end up being bailed out like the banks were in 2008 since the alternative is a complete economic implosion.
I treat my RSUs as cash that has some variance to it (less variance than crypto, and roughly the same as the stock market overall). I even auto-sell them.
Tech companies are the largest companies in the US economy these days. They are the economy. For better or worse they're now too big to fail, and in some severe recession they would end up being bailed out like the banks were in 2008 since the alternative is a complete economic implosion.
I treat my RSUs as cash that has some variance to it (less variance than crypto, and roughly the same as the stock market overall). I even auto-sell them.