Re:Meta stock sinks more than 23%
by endisneigh on Thursday October 27, 2022 @12:33PM
(#33360118)
Sure, and those who got RSUs over the last decade gained big. So what. Obviously stocks go up and down.
Re:Meta stock sinks more than 23%
by adam_arthur on Thursday October 27, 2022 @12:37PM
(#33360178)
You sound pretty smart and well versed in the stonk investing.
Going to be great to see many of the 80%ers in tech have to face reality when the recession comes next year... hope you're a 20%er.
To be clear, Tech employees have been grossly overpaid the past decade (including myself). That reality is ending soon... get used to it
Re:Meta stock sinks more than 23%
by endisneigh on Thursday October 27, 2022 @12:38PM
(#33360190)
Stonk investing? Lol. Given that you’re just rambling at this point I think we’re done here. Good luck.
Grossly overpaid? What are you basing that on? Every company that is paying big bucks is generating revenue that is 5x+ the cost of the employee.
Many tech employees are underpaid, if anything.
Re:Meta stock sinks more than 23%
by tacker2000 on Thursday October 27, 2022 @06:44PM
(#33365010)
It seems your bitterness is clouding your ability to have a constructive discussion here.
Most who got RSUs over the last two years lost big, and I bet they regret having a variable comp component now. Choosing RSUs over cash was a horrible choice for most in recent years
Hopefully GenZ/Millenials are learning the important lesson about fair value and fundamentals