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Google Paid This Man $100 Million

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Re: Google Paid This Man $100 Million

#5
post #3

Does anyone know if these types of $100M numbers are actually true? I think it makes a great headline but wouldn't everyone at senior ranks get packages like this making it unsustainable?

Google is a 258B market cap company (as per yesterday's closing price). They can afford to give hundreds of these packages, even if they diluted the stock, without moving the needle too much.

Re: Google Paid This Man $100 Million

#6
post #3

Does anyone know if these types of $100M numbers are actually true? I think it makes a great headline but wouldn't everyone at senior ranks get packages like this making it unsustainable?

It's only paper, and Google is under the spotlight for anti-poaching collusion. This story makes them look like in-demand workers benefit from their policies rather than the worker just laboring away unaware that other companies have already agreed with Google not to try to hire him away.

Re: Google Paid This Man $100 Million

#8
The article makes a point to say that he started with a job that paid a "humble" $60,000 per year in 1997. Based on my quick and dirty run on wolfram alpha, that is the equivalent to $120,000 per year today. Not so much of a humble beginning for a second job out of college.

Re: Google Paid This Man $100 Million

#9

The article makes a point to say that he started with a job that paid a "humble" $60,000 per year in 1997. Based on my quick and dirty run on wolfram alpha, that is the equivalent to $120,000 per year today. Not so much of a humble beginning for a second job out of college.

What? That can't possibly be right.

BLS says it's more like $86k

http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=60000&year1...

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