Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by matthewowen on Thursday March 09, 2023 @11:50AM
(#35083347)
If you take a look at some of the examples in https://blog.pragmaticengineer.com/equity-for-software-engin... you see that you really don't have to be at a "first 50 at google" level of success to see 8 digit equity values. Bear in mind that even private companies have some level of liquidity for option holders via secondary sales.
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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by Retric on Thursday March 09, 2023 @12:08PM
(#35083578)
Highly compensated employees handed grants aren’t startup employees taking risks they are well compensated employees getting deferred compensation. Even if the stock stays flat they still get the face value of the grant.
That said, the double digit examples were “software engineer 2” and “first 10 employees”.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire
by matthewowen on Friday March 10, 2023 @07:31AM
(#35093562)
Software engineer 2 is a reference to level, not when they were hired (doordash was big by then)