The way that article is written is a little vague, but it sounds like that is how much cash and stock he received just last year - independent of any gain he received from the value of his existing stock going up.
ikapoz
Tim Cook of apple got paid $92 million in 2022 - a massive degree of overcompensation in my opinion, and an amount he got sued for.
If he got paid at a comparable percentage of revenue to spez last year that would have been (amusingly) a 92 Billion dollar paycheck - 1000x as much.
Regardless of how much I dislike the guy personally investors should be running away screaming from this IPO.
So… the asshole who used reddits “unprofitability” as a fig leaf for hamstringing their user base with a garbage API policy just so happens to be the same guy that got paid 25% of the entire company revenue for the last year?
What a Fucking chode.
That can vary widely across industry and circumstance. I’ve stayed with the same company (granted through a couple mergers) and grown my comp more than 10x in that time.
And while I’m not at all advocating for being any more loyal to a company than they are to you, I can definitely say seeing a big string of quick flips in jobs in their resume is a big red flag for me when hiring people.
I don’t mind people having a practical attitude to comp, but in my line of work at least I find it takes a good few months of orientation for someone to start adding real value anyway. Definitely not something I’m looking to repeat all the time with folks I hire. Granted, I also work damn hard to earn some loyalty and put “my money where my mouth is” for my people, I’d often not the case.
In any event, I’d definitely agree you’ve got to keep a close eye on your own self interest. You may run into bosses and companies that will do right by you like I have, but there is sure as hell no guarantee of it and precious little way to tell the difference till you’ve spent time there.
Curiously inspiring, this one
Why wouldn’t we include a server call on every button press? We need usage data to optimize the experience!
Organic != Non-gmo
Kink shaming is HIS kink, don’t be judgy
If only it could be done without being such a giant asshole that you generate an asshole-attracting gravitational field.
I read a sci fi book where they used Ksec, Msec, etc. for all the time references - meant as a little background flavor but it was interesting to me just how much trying to parse it while I read just threw off my whole train of thought. Far more so than adjusting to metric spatial or temperature references.
I don’t think anyone questions that “he felt his life was in peril”. The question is why a temperamental moron that can’t control his feelings long enough to think before unloading a lethal weapon at his own car should be entrusted to “serve and protect” the public.
For the simple reason they know a lot of people will pay em $20 not to have to go get a money order.