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by ddp26
591 days ago
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(Author here) It's complicated :-). I will say: it's hard to define "gambling" in the corporate setting. Is it gambling to do an extra project in hope of getting a "Spot Bonus" (~$250-$1000) in recognition? That was a very standardized process at Google. Is it gambling to file a patent application, which if approved, would lead to a $1000 bonus and a trophy you'd often see on the desks of Google Brain researchers? Is it gambling to decline auto-sale of RSUs, and have your compensation determined more by movements in GOOG than in your cash salary? |
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2. No, Google isn’t taking actual money bets from their employees.
3. What employees do with their vested RSUs isn’t at all the same as hosting an internal gambling platform. Once they are vested, employees own the stock, they can do whatever they want. One could sell them all and use the money to bet on roulette, which I think is obviously gambling, but that’s also obviously not Google hosting a gambling platform internally?
I’m just surprised that Google hosting a platform where employees gambled was… allowed? This isn’t a moral judgement, I’m surprised that Google was operating a gambling platform internally and legal etc. thought that was a good idea.