Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by rcme on Thursday March 09, 2023 @11:34AM
(#35083128)
I think Google employees did alright. Let's say you joined in Sep. 2013 (random date). 4 years later, the stock was up 200%. So if you got a $500K grant over 4 years, you'd have 1.5 million. After taxes, that'd be around $1 mm.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by Retric on Thursday March 09, 2023 @11:39AM
(#35083206)
The kind of person you just described likely also got a total of around 1 - 1.5 million in salary across those 4 years.
It’s not like they where handing out stock options like that to secretaries in 2013.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by Retric on Thursday March 09, 2023 @12:00PM
(#35083483)
People getting 500k grants in 2013 from Google were just making a lot of money in general. Remember a grant isn’t an option you’re getting actual stock even the company stayed roughly flat they could have sold the 500k worth of stock.
Grants that size don’t represent a typical employee either. It’s closer to a 2-30% annual bonus that happened to appreciate rather than some life changing payday.