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by ldjkfkdsjnv 929 days ago
Talk about an absolute squandering of capital.
1 comments

This is total comp so probably an inflated value given that opensea equity is most likely worth zero?
This is why total comp is so flawed, especially if it's a private company. Equity can be a $0. Should have options to see only salaries
Equity can even be negative, when considering tax.
Dotcom era was a great time of putting engineers on a multi-year payment plan with the IRS... had a friend end up owing $200k after losing what at the peak was $5M in paper wealth.