Some tech founders are getting huge pay packages
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Re: Some tech founders are getting huge pay packages
#2Here's the link without the pay wall: https://www.wsj.com/articles/silicon-valley-tech-startup-fou...
Re: Some tech founders are getting huge pay packages
#3At what point does the founder get shares of the new class?
Re: Some tech founders are getting huge pay packages
#4The article seems to speak of stock awards and not salary, despite what the title says.
"Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages." How are these stock awards different to owning the company?
If anything, those stock awards sound less attractive as they should be options at a very high valuation?
In effect, isn't this the same as later VCs reallocating the cap table in favour of the founders (and against earlier investor and employees)?
Re: Some tech founders are getting huge pay packages
#5Couldn't view link so didn't read, but:
What does this mean from a taxation perspective? Could it be that "todays tech founders" want to "pay their dues"?
Re: Some tech founders are getting huge pay packages
#6Non-paywalled, ad-free archived version: https://archive.ph/iYCWl
Re: Some tech founders are getting huge pay packages
#7[deleted]
Re: Some tech founders are getting huge pay packages
#8The article seems to speak of stock awards and not salary, despite what the title says. "Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages." How are these stock awards different to owning the company? If anything, those stock awards sound less attractive as they should be options at a very high valuation? In effect, isn't this the same as later VCs reallocating the cap table in…
> How are these stock awards different to owning the company?
You're already expecting way too much intelligence from a journalist.
Re: Some tech founders are getting huge pay packages
#9So… Tech founders are now following the Facebook model: non-voting shares, enriching themselves, keeping most of the power
Everyone is done pretending to be the “good founder,” that ship seems to have sailed
Re: Some tech founders are getting huge pay packages
#10The article seems to speak of stock awards and not salary, despite what the title says. "Today’s Tech Founders Don’t Just Own the Company. They’re Also Getting Huge Pay Packages." How are these stock awards different to owning the company? If anything, those stock awards sound less attractive as they should be options at a very high valuation? In effect, isn't this the same as later VCs reallocating the cap table in…
>Seven of the 10 most valuable compensation packages for U.S. public companies in 2020 were to CEOs of startups that listed publicly that year
They're talking about companies that are, or are about to become, public - so a stock grant is closer to being cash.