Re:The STEM Crisis Is a Myth (2013)
by jonfromsf on Wednesday August 04, 2021 @03:07PM
(#28064913)
He's talking about public stock which is liquid (hence the reference to FAANG). Obviously private equity is very hard to sell and not comparable.
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>>Also note, for the majority of non-public SWE roles with "high" total comp, you cant pay rent with total comp stock/equity, you pay rent with cash comp.
He's responding to a discussion about private stock. Also, public companies arent the ones complaining about lack of talent as much as private ones trying to pay people in private stock mismatching market rents.