Farewell, App Academy. Hello, Airbnb – Part 2
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Re: Farewell, App Academy. Hello, Airbnb – Part 2
#2In addition, it also shows how blind most companies are to talent - they're not interested in discovering the diamonds in the rough unless a company like Google does it for them.
Re: Farewell, App Academy. Hello, Airbnb – Part 2
#3Re: Farewell, App Academy. Hello, Airbnb – Part 2
#4Re: Farewell, App Academy. Hello, Airbnb – Part 2
#5It's been a while since I've worked for a pre-IPO company. Is it common for companies to give RSUs a dollar value instead of a number of shares and "heck if I know the valuation"? And how are RSUs different from straight ISOs?
Re: Farewell, App Academy. Hello, Airbnb – Part 2
#6Conflating base salary and RSU packages, especially pre-IPO RSUs, is a mistake. In my 20 years in Silicon Valley I've learned you simply can't put too much faith in stock. Stock is great, but it goes up and down. The only thing that is real is base salary, even bonus isn't guaranteed. Stock or options are nice, but they are icing on the cake, if you get a chance to cash out, so combining them with base salary is generally a mistake.
Re: Farewell, App Academy. Hello, Airbnb – Part 2
#7Re: Farewell, App Academy. Hello, Airbnb – Part 2
#8Wow, that dude has a pretty crazy life story - his about page was a fun read! Became a millionaire playing poker, got caught up in a huge scandal, sounds like a movie.