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Farewell, App Academy. Hello, Airbnb – Part 2

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Re: Farewell, App Academy. Hello, Airbnb – Part 2

#5
The author repeatedly mentions $XXX RSUs.

It'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

#6
I hope revealing salaries doesn't get him in trouble at AirBnb. I know I would be a bit annoyed if he revealed all of this before joining if I were an employer.

Conflating 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

#8

Wow, 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.

Thankfully do to Trump I'm far more skeptical of stories like these. So I would not so readily believe what he is saying.
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