[greymalik]

Since the GP talks about stock options I’m guessing these are part of their total compensation and not a discretionary investment. I’m in a similar boat - stock is about 50% of my total compensation but its value has dropped by 90%. It’s hard to be blasé about losing almost half my income.

[bluGill]

Unless you are aiming for the C suite you should NEVER have any company stock as that is putting too many eggs in one basket. If you have all your eggs in one basket you better watch that basket on a level that only C suite people have access to. (I'm not sure if they do,but at least they can unlike those below)

[jmathai]

In this case, you don’t have much choice if company stock makes up a large portion of your income. You can sell immediately but the money you receive from that transaction is much less - it’s lowered income even if you immediately diversify.

[bluGill]

I.value company stock offers at zero. If I get it and can sell it is a nice bonus. I've seen too many burned by then. The only reason i'm not one is I knew this could happen so I didn't count one things. (They have worked out once in a.while too, but until the money is in my bank account I don't count it)

[spacemadness]

Many developers have a decent chunk of their total compensation in RSUs these days.

[pseudoramble]

Yeah, exactly why I mentioned it. I don't have that setup, so it's different for me. Don't want to be dismissive of that point!

How does it work though? Do you sell stock to use as income? Do you hold onto it and get by on salary? I'm not really familiar with how people use these kinds of setups in total comp.

[gtirloni]

I don't understand how someone can tie 50% of their income to a highly volatile asset. But thanks for the perspective.

[greymalik]

That’s how my employer and many other large tech companies structure compensation.