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A comment on The tech sector teardown is more catharsis than crisis. Parent comment

Re:The tech sector teardown is more catharsis than crisis by neill on Wednesday May 18, 2022 @10:20AM (#31423117)
It's not incorrect, salary does not include equity. Total comp would be a combination of salary, equity, and bonuses. The OP refers to salary, not total comp. I'm using their information to reply in their thread. Happy to re-asses conversation at total comp (a different conversation) if they are referring to total comp instead of salary.
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Re:The tech sector teardown is more catharsis than crisis by thebean11 on Wednesday May 18, 2022 @11:39AM (#31424114)
Coinbase isn't paying $380k base either..are you just quibbling over the meaning of salary?
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Re:The tech sector teardown is more catharsis than crisis by UncleMeat on Wednesday May 18, 2022 @02:33PM (#31426107)
I don't think it is quibbling. It is a really important distinction. Salary is (mostly) guaranteed. Equity isn't guaranteed at all.
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Re:The tech sector teardown is more catharsis than crisis by htormey on Wednesday May 18, 2022 @03:07PM (#31426436)
It’s a bit pedantic to be honest. Multiple times it’s been pointed out on this thread that the OP was referring to total comp so I’m not sure why this keeps being brought up.

While equity in a public company can go down and go down significantly it’s liquid. Especially in companies like coinbase that don’t have a 1 year cliff, are public, it’s a significant part of your comp and not funny money like you get in many early stage companies.

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Re:The tech sector teardown is more catharsis than crisis by worik on Wednesday May 18, 2022 @03:47PM (#31426846)
> Salary is (mostly) guaranteed

Truth

The salary I banked at the beginning of the month is guaranteed.

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Re:The tech sector teardown is more catharsis than crisis by ac29 on Wednesday May 18, 2022 @04:42PM (#31427368)
>Equity isn't guaranteed at all.

Especially not at coinbase, whose stock has imploded to the tune of -75% just this year, and more since IPO.

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Re:The tech sector teardown is more catharsis than crisis by thebean11 on Wednesday May 18, 2022 @04:42PM (#31427373)
To quibble even more, it's much harder (legally) to take away unvested RSUs than it is to demote / reduce salary.
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Re:The tech sector teardown is more catharsis than crisis by htormey on Wednesday May 18, 2022 @11:05AM (#31423697)
The OP is confused, I work at coinbase and that figure refers to total comp. Also levels.fyi is listing salary and not total comp for the google position he is comparing.
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