Re:What’s going on with Google and Facebook hiring freezes?
by matrix_overload on Tuesday August 02, 2022 @10:22PM
(#32326904)
Toss in dilution, liquidation preferences and other financial engineering put by the people who actually know the rules of the game, and your "tiny sliver of options" will still be worth less than 5 years of FAANG salary.
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Re:What’s going on with Google and Facebook hiring freezes?
by jjav on Wednesday August 03, 2022 @07:23PM
(#32337610)
No, not always. Having been in SV over 20 years, I know plenty of people who've scored very comfortable retirement money out of IPOs despite having joined late as regular ICs. And a handful who became insanely rich even though none were founders or single-digit early employees.
It's unlikely, yes. But it happens.