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by pavlov 1418 days ago
It seems a bit controversial to include private company equity in total compensation.

For example, for Estonia, the highest TC is Bolt, but about 26% of the compensation is actually stock in this unlisted unicorn. Presumably that stock price is computed from the last funding round. Who knows what Bolt's valuation will be in the next round? That equity might be marked down 50% or more, and you still can't sell it until the company does an IPO one day (which would probably be many years from now when the IPO market is alive again).

I think it would be really useful to add a "Company is publicly listed" boolean column, so you'd immediately know if the equity is liquid.

Latest funding round (e.g. Series B) would also be interesting information because that helps calibrate expectations around equity and a company's staying power in general.

1 comments

I'm building the site (but I didn't submit this Show HN).

The private part of the shares are clearly marked as private in details, and there's an explainer eg at [1].

I do think it's important to include private equity in packages. My Uber stock package turned out to be worth a lot of money once the company went public. I now have friends at Databricks with massive packages - which can go up or down, and are dependent on an IPO. But this is very important information in my view.

[1] https://techpays.com/details/bbkzjx1e6mhj6ynm8yhhu

Oh, cool, thanks! I didn't notice it's already there in the job posting's details.

How about promoting this flag to a column in the high-level grid display? It's pretty interesting, and would allow you to get a quick overview of the ratio of startups vs established companies. I imagine this would look rather different for Estonia vs Luxembourg, for example.

You are right about the importance of this information. But it would be even more useful if the latest funding round was included. Equity in a Series F has a very different risk/reward profile compared to equity in a seed round company.

Thanks for the suggestion! I do want to do a better job visualising things in the overview. I’ll think about how to do it, without being too confusing.