Btw for those who don’t know, this app is called Blind. It’s where tech workers go to anonymously post. Also 700k TC is basically their yearly take-home pay, and it’s a real number (see levels.fyi)

Part 1 Part 2 Part 3 Part 4 Part 5

These people are disgusting, contributing nothing to society, not realizing how privileged they are, while the Lemmy devs live in poverty

  • OsrsNeedsF2P@lemmy.mlOP
    15·
    6 months ago

    If you’re at a public company you can just offload the stock and it basically becomes salary

    Edit: Ignore the downvotes. People on Lemmy have no idea how RSUs work. Unless you work somewhere shit or your company just imploded, this is basically equivalent to salary. Source: half my TC is RSU

    • slazer2au@lemmy.worldEnglish
      6·
      6 months ago

      Problem is you have limited trading windows as an employee with shares. Ours get held in escrow until a period passes then we can sell it.

      • nick
        5·
        6 months ago

        And it gets even better if you’re on a schedule that’s more restricted due to access to mnpi; you get a window of like 7 days every quarter at most, sometimes much smaller

    • nick
      4·
      6 months ago

      And if it’s not public? Can’t do shit.

        • nick
          41·
          6 months ago

          Welp I’m fine trying to teach you anything. Go ham idgaf.

    • Paradox@lemdro.idEnglish
      2·
      6 months ago

      And if that public company has stock in the toilet it’s worth fuck all to unload