I Sold TinyPilot, My First Successful Business

Re:I Sold TinyPilot, My First Successful Business by xvector on Thursday May 30, 2024 @10:32PM (#40530914)

Refreshers at meets are typically 25% of the "standard" grant (so your comp will go down after 4 years unless you have outstanding performance or your director gives you an Additional Equity grant)

Vesting cadence is typically quarterly or monthly.

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Re:I Sold TinyPilot, My First Successful Business by beacon294 on Thursday May 30, 2024 @11:48PM (#40531288)

If they are at 25% for meets, why will your comp go down? 25% times 4 == 100%

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Re:I Sold TinyPilot, My First Successful Business by xvector on Friday May 31, 2024 @12:18AM (#40531459)

Most people don't join with the "standard" grant, they negotiate it up quite significantly.

Refreshers only being you up to the "standard" target TC (as defined by the company). So after their initial grant fully vests, most engineers will see their comp drop by a couple hundred k, even with refreshers.

This is a huge contributing factor to the low retention at big tech - it's why most people leave by the time their initial grant runs out.

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Re:I Sold TinyPilot, My First Successful Business by beacon294 on Friday May 31, 2024 @01:14AM (#40531729)

Thanks, that is my same experience as at my bigtech.

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