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by tootall
3370 days ago
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Thanks for your feedback! The problem is that, while my current startup is "imaginary" money compared to RSUs, the business is going very strong, we have multi million dollar yearly revenues so I'm not at a point where I consider the options as a huge gamble. It's very likely that they will retain a significant value. Also notice that RSUs are 300k over 4 years, so effectively 75k a year: is 75k a year "extremely high"? I was under the impression that several employees at google and similar usually double their yearly compensation with RSUs, every year, which means RSU grant = 4*base salary (e.g. 350k a year total comp) |
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[180k + 75k + 15-20K (bonus)] x 4 = $1 million cash.
Add up your extra RSU's each year + salary raise then you could potentially reach $1.5 in 4 years. It's money pretty much guaranteed minus the global stock market.
I'm surprised they've increased their original offer by %50, which is huge. Put it this way - at a public company there's no risk at all, they've absorbed all the risks a while back when they were a small startup. This is when they were offering a big piece of the pie to their early employees. Their stocks got split multiple times so it doubled or even quadrupled while the startup was still growing. They needed more shares for upcoming employees.
You can't come at the end as a software engineer and ask for $1 million in RSU's it just doesn't make sense. You are riding the wave at your current startup, which is pretty good for you! You can't apply the same principal everywhere else. They're stock is traded publicly so they have to justify each and every penny they spend.
The google thingy is a myth. Only a handful of people make a lot of money, either from acquisitions or some sort of AI guru. Maybe you are? I don't know.