[vmception]

collectively? yeah, sure. this is absolutely probable in any organization of that valuation/marketcap, the most interesting thing here is just how fast crypto organizations can accrue and extract value.

tech sector is fast, crypto subsector is like an order of magnitude faster. its similar to tech employment in the 90s where there was fast vesting (mostly due to quick exits), liquidity at super low valuations that then rose extremely quickly and attractive compensation. the main difference now is that the valuations are much much higher. you can tap in sometimes/often at very low valuations - of the token - and also ride them up all the way to billions valuation very quickly. if they solve a market need (within the crypto space) then they attract value very quickly, sometimes that market need can just be the entertainment coming from hype, but most times its bandwidth since there is not enough blockspace to go around, periodically.

[djenendik]

I'm just multiplying 1.6M by 1000. assuming a Solana engineer held on to every token they were granted.

[vmception]

Ah, nice, its possible. Yeah earning crypto has always been a greater way to make a lot of money quickly than trying to buy and trade cryptos, because there is no financial risk with your pre-existing capital.

Team and advisor allocations have been this, and have been my best trades. Vesting grants for employees can be lucrative too. Often times these are also discounted prices to whatever any buyer can get. So things amplify very quickly, and there are less ways to lose.