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A comment on Bank Run at Silicon Valley Bank. Parent comment

Re:Bank Run at Silicon Valley Bank by astrange on Thursday March 09, 2023 @11:42PM (#35090469)
Employees will take risky stuff like equity as payment, but the IRS won't take it for their payroll taxes.
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Re:Bank Run at Silicon Valley Bank by danielmarkbruce on Thursday March 09, 2023 @11:50PM (#35090519)
The number of employees who take equity as a significant portion (>50%) of their comp rounds to zero.
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Re:Bank Run at Silicon Valley Bank by imtringued on Friday March 10, 2023 @08:37AM (#35094160)
I wouldn't want to get paid in equity if the IRS didn't accept it for tax payments either. If you accept 100% of your compensation in equity you are bankrupt because you can't pay your taxes.

This is a chicken and egg situation.

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Re:Bank Run at Silicon Valley Bank by astrange on Friday March 10, 2023 @08:56PM (#35104289)
I take 10% of my salary in an equity IOU (ESPP) and I'd do more if they'd let me. But they only let execs into the deferred compensation plan.
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