News for hackers. Stuff that matters.
Re:What do great engineering managers need to know about com... by code_biologist on Sunday May 15, 2022 @12:03AM (#31385172)
How do you value equity in a public company like Netflix or Shopify? I don't think you're wrong, taking it further it's really hard to value anything but AAMG (not FAANG lol) at face value.
Re:What do great engineering managers need to know about com... by scarface74 on Sunday May 15, 2022 @12:43AM (#31385327)
Netflix was always a nothing burger when it came to BigTech. It was the 50th most valuable company before the stock crash. It’s an accident of history (and CNBC) that it was ever included as a FANG stop. Notice the missing “A”? Cramer didn’t include Apple even though Apple was already the most valuable company by then or Microsoft that had been in the top 5 since 2000.

Fortunately for employees of Netflix, all of their compensation is cash.

Re:What do great engineering managers need to know about com... by barry-cotter on Sunday May 15, 2022 @05:37AM (#31386418)
> Fortunately for employees of Netflix, all of their compensation is cash.

No, but they can choose the mix of stock and cash as they please, from 100% stock to 100% cash.

Re:What do great engineering managers need to know about com... by matwood on Sunday May 15, 2022 @09:17AM (#31387362)
Is that a recent change? At least to me, Netflix was known to pay the most base salary b/c they didn't believe in giving out RSUs or other stock based comp.