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500 Highest Paying Tech Companies (Dec 2023)

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Re: 500 Highest Paying Tech Companies (Dec 2023)

#71
post #67

This list in inaccurate. Renaissance Technologies isn't even listed, and they offer very high TC. TGS Management offers way more than $500k for SWEs, I know one SWE makes $700k there.

Would it be included in TC that your company managed Roth IRA grows by 66% each year? If so, it would be easily the highest on the list.

Re: 500 Highest Paying Tech Companies (Dec 2023)

#72

“ In March 2022, OpenSea saw revenues of $61.33 million; in March 2023, it had revenues of $172.33k. The drop represented a whopping 99.72% fall. The platform's fees have also fallen from $193.94 million in March 2022 to $1.41 million in March 2023.” That’s OpenSea, no 11 on the list making $1.4m of monthly revenue and paying SWEs 430k salary

i'm assuming they pay you in NFTs, not cash?

Re: 500 Highest Paying Tech Companies (Dec 2023)

#73

This data is really not that useful, or doesn't reflect what the simple title suggests it does. There doesn't appear to be any attempt to control for job level, and it's not even clear how one would control for such a thing. Public company stock and private company stock appear to be valued the same which may be true on the surface, but is a wild misrepresentation of reality (in many ways). Different companies need d…

Would accounting for years of experience control for job level somewhat? That's the only info that could be extracted

They normalize the levels between companies on a scale they defined themselves.

Re: 500 Highest Paying Tech Companies (Dec 2023)

#74

On the topic of levels.fyi, the enshitification of the product has begun. It won't let you access things unless you provide your work email? Yeah right, like I am going to do that. A bunch of other mandatory questions in the sign up process also irk me a lot.

Work email isn't required to sign up, you can skip it

Re: 500 Highest Paying Tech Companies (Dec 2023)

#75
post #63

Earlier quoted context omitted.

This is why total comp is so flawed, especially if it's a private company. Equity can be a $0. Should have options to see only salaries

Equity can even be negative, when considering tax.

Dotcom era was a great time of putting engineers on a multi-year payment plan with the IRS... had a friend end up owing $200k after losing what at the peak was $5M in paper wealth.

Re: 500 Highest Paying Tech Companies (Dec 2023)

#76

“ In March 2022, OpenSea saw revenues of $61.33 million; in March 2023, it had revenues of $172.33k. The drop represented a whopping 99.72% fall. The platform's fees have also fallen from $193.94 million in March 2022 to $1.41 million in March 2023.” That’s OpenSea, no 11 on the list making $1.4m of monthly revenue and paying SWEs 430k salary

For a marketplace that takes a cut of transaction, why is revenue != fees?

Re: 500 Highest Paying Tech Companies (Dec 2023)

#77
post #73

Earlier quoted context omitted.

Would accounting for years of experience control for job level somewhat? That's the only info that could be extracted

They normalize the levels between companies on a scale they defined themselves.

Who is they?

Re: 500 Highest Paying Tech Companies (Dec 2023)

#79
post #56

Recent OpenAI datapoints on Levels.fyi show something like $300K salary and $600K "stock", for hires just in the last few months... Is that RSUs at some current valuation? ISOs with strike price at current(!) but assuming stratospheric growth continues over vesting period? Something else? Is the stock value what the landslide support for the CEO-in-exile was about?

This is why adding equity to these comparisons is so problematic. It’s not apples to apples
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