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by ska 1374 days ago
You are right that it is different, but it's not unambiguously better.

In the rather special case that stock price is monotonically increasing, there is an obvious benefit to locking in the earliest price you can.

On the other hand, if you have more cash every paycheck, you can trickle it into other potentially high growth companies and spread your risk. And you don't lose anything by leaving on a date you choose. And, as shopify has recently demonstrated, being locked into last years price could mean you lose a lot.

We've just left an extraordinary period of growth for tech stocks, but it won't always be that way.

1 comments

> You are right that it is different, but it's not unambiguously better.

That's a separate issue from the common misconception in this thread that cash is the same as RSUs.

RSUs have more risk than cash, and more potential upside. They are unambiguously different.

Agreed - it's a mistake though to focus on the upside only.
You can protect downside by switching jobs. For many people on this thread there’s no mistake.
That's practical, but not really equivalent. Having the same in cash gives you a different set of options.