Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by nl on Thursday March 09, 2023 @05:26AM
(#35079921)
Also worth noting that in today's market a company like Stripe isn't paying significantly below market rates, so there's not huge downside in that regard.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by bradleyjg on Thursday March 09, 2023 @08:17AM
(#35080848)
Companies like stripe today or companies like stripe just after its series B?
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by nl on Thursday March 09, 2023 @05:10PM
(#35087511)
Both.
After Series A most should be paying competitive salaries.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by bradleyjg on Thursday March 09, 2023 @06:01PM
(#35088067)
Just so I understand correctly, levels.fyi is saying that a Google L5 offer in a HCOL city is around $200k/$100k/$30k right now. If we are very conservative and value the RSUs at 75% that’s still $305k total.
Are you saying the cash component of post series A offer should be competitive with $200k, $230k, $305k, or $330k?
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by pcthrowaway on Friday March 10, 2023 @02:47PM
(#35099861)
I don't know why you didn't just look it up, you were right there. Stripe pays about the same as google if you just consider base+bonus, much more if you consider stock.
Of course it's not a fair comparison because google stock is liquid
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by bradleyjg on Friday March 10, 2023 @03:00PM
(#35100058)
We aren’t talking about stripe, we are talking about just post series A companies.
The question is whether it is a no brainer to work for such a company because you get a competitive offer plus lottery tickets.
My sense is that this isn’t true. The claim of competitiveness is setting to zero the value of liquid google RSUs. But I’m open to being corrected.