Comment by askafriend

6 years ago

> And that equity often amounts to next to nothing. Look at Uber

What are you talking about? Everyone who was early Uber is a millionaire now.

Sure, but they spent 6+ years getting underpaid and could have made much more at a Google/FB whose stock value has tripled with maximum liquidity throughout that time.

FYI if you joined Uber after 2014 your shares are currently underwater aka you have LOST money on your initial grant... your actual total compensation over the years went DOWN...