500 Highest Paying Tech Companies (Dec 2023)

Re:500 Highest Paying Tech Companies (Dec 2023) by drexlspivey on Friday December 01, 2023 @01:24PM (#38490284)

“ In March 2022, OpenSea saw revenues of $61.33 million; in March 2023, it had revenues of $172.33k. The drop represented a whopping 99.72% fall. The platform's fees have also fallen from $193.94 million in March 2022 to $1.41 million in March 2023.”

That’s OpenSea, no 11 on the list making $1.4m of monthly revenue and paying SWEs 430k salary

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Re:500 Highest Paying Tech Companies (Dec 2023) by codegeek on Friday December 01, 2023 @01:46PM (#38490576)

Also clubhouse. Is it still alive ?

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Re:500 Highest Paying Tech Companies (Dec 2023) by deminature on Friday December 01, 2023 @02:53PM (#38491396)

Even if it is, the stock is forever illiquid and that comp beyond base salary is a mirage.

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Re:500 Highest Paying Tech Companies (Dec 2023) by DeIlliad on Friday December 01, 2023 @02:31PM (#38491114)

OpenSea still being a thing is insane to me.

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Re:500 Highest Paying Tech Companies (Dec 2023) by acchow on Friday December 01, 2023 @03:36PM (#38491982)

For a marketplace that takes a cut of transaction, why is revenue != fees?

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Re:500 Highest Paying Tech Companies (Dec 2023) by notatoad on Friday December 01, 2023 @03:24PM (#38491831)

i'm assuming they pay you in NFTs, not cash?

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Re:500 Highest Paying Tech Companies (Dec 2023) by drexlspivey on Friday December 01, 2023 @04:05PM (#38492385)

There won't be enough left for the second guy

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Re:500 Highest Paying Tech Companies (Dec 2023) by ldjkfkdsjnv on Friday December 01, 2023 @01:30PM (#38490378)

Talk about an absolute squandering of capital.

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Re:500 Highest Paying Tech Companies (Dec 2023) by Schnitz on Friday December 01, 2023 @02:26PM (#38491039)

This is total comp so probably an inflated value given that opensea equity is most likely worth zero?

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Re:500 Highest Paying Tech Companies (Dec 2023) by altdataseller on Friday December 01, 2023 @02:35PM (#38491164)

This is why total comp is so flawed, especially if it's a private company. Equity can be a $0. Should have options to see only salaries

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Re:500 Highest Paying Tech Companies (Dec 2023) by welder on Friday December 01, 2023 @03:07PM (#38491569)

Equity can even be negative, when considering tax.

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Re:500 Highest Paying Tech Companies (Dec 2023) by brandall10 on Friday December 01, 2023 @03:34PM (#38491959)

Dotcom era was a great time of putting engineers on a multi-year payment plan with the IRS... had a friend end up owing $200k after losing what at the peak was $5M in paper wealth.

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