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by gnu8 2422 days ago
I wonder how much he spends on housing.
1 comments

From February until October 5th, I lived at [NEMA](https://www.rentnema.com/) downtown in SF. I was in a 450 sqft. apartment, and it was $3270/month. I absolutely hated it. NEMA was fine, but SF is not for me.

On October 5th, I just moved down to Menlo Park next to FB. I'm in a 3BR 1BA which is $1850/month. It's much better here.

Still not great. It hardly makes sense to pull $300k/yr just to pay it all out to a landlord.
At $300k/year, your weekly paycheck is roughly $3300 after withholdings...I’d hardly say that all your cash is going to your landlord.
They're not getting paid $300k a year. They're getting paid $160k a year and the delta is made up in RSU. I'm not sure how FB transacts on stocks for you but depending how they deal with the taxes involved OP could be off by a large factor in the net calculation. Also not sure how FB vests stock, but if it's traditional OP still hasn't vested anything (1 year cliff).
It's not traditional actually. We vest quarterly, and I've sold my stock as soon as I've received it (two vest days so far). My third vesting is November 15th.

The last picture gives you my estimated total comp for the year, $343k. It will be something close to that unless $FB has a major change between now and next vesting date in February 2020.