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Ask HN: Those making over $300k/year, how did you achieve it?

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Re: Ask HN: Those making over $300k/year, how did you achieve it?

#22
post #6

Earlier quoted context omitted.

Shouldn’t there be a distinction made between public and private company equity? 150k of Facebook stock seems much more desirable vs 150k of Uber stock because at least with Facebook stock you could liquidate it on the public market? Or am I missing something? Paysa puts Uber at #1 for compensation, but their stock isn't liquidatable like a public company. Doesn't make sense. https://www.paysa.com/company-rank

Uber stock has more promise of growth. Also there are private markets (idk to what extent one can participate tho).

And more risk that they will never even go public. I've had options for more than one company that no longer exists.

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#23
post #6

Earlier quoted context omitted.

Shouldn’t there be a distinction made between public and private company equity? 150k of Facebook stock seems much more desirable vs 150k of Uber stock because at least with Facebook stock you could liquidate it on the public market? Or am I missing something? Paysa puts Uber at #1 for compensation, but their stock isn't liquidatable like a public company. Doesn't make sense. https://www.paysa.com/company-rank

Uber stock has more promise of growth. Also there are private markets (idk to what extent one can participate tho).

Uber Stocks don't feed you tho.

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#27
Question from someone not living in the US:

How come you guys have such high salaries compared to ROW? Is the cost of life that much higher than other countries, or is your income simply taxed less / companies have generally more money to spend on employees?

I am currently working in one of the highest paying (if not the highest) consultancy firms in my country, and my salary is probably lower than your minimum wage. It's actually something that pisses me off more than it should when I think about it.

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