Re:Actors take to the internet to show their residual checks...
by scarface_74 on Saturday July 29, 2023 @09:10PM
(#36926640)
> Equity in software is weird. At small companies, it's pretty much like winning the lottery
What’s weird about it? Stock in public companies are also “equity”. It’s not winning the lottery in that case. I know my shares of AMZN are going to be worth something as they vest.
That’s the reason I refuse to work for a startup at this point in my life. It was bad enough when my RSUs dropped from $140 to $90 by the time my first shares vested (back to $130 now and I got a refresher that mostly made up for it). But that’s a kid better than waiting for an exit.
What’s weird about it? Stock in public companies are also “equity”. It’s not winning the lottery in that case. I know my shares of AMZN are going to be worth something as they vest.
That’s the reason I refuse to work for a startup at this point in my life. It was bad enough when my RSUs dropped from $140 to $90 by the time my first shares vested (back to $130 now and I got a refresher that mostly made up for it). But that’s a kid better than waiting for an exit.