Comment by nsxwolf
5 years ago
Wow, $10 million in Apple stock...
Reading this, I feel like I've done things that were this big... or a decent fraction of it... and never got so much as a thank you
5 years ago
Wow, $10 million in Apple stock...
Reading this, I feel like I've done things that were this big... or a decent fraction of it... and never got so much as a thank you
Sounds like he didn't get it: https://www.quora.com/Was-Steve-Jobs-a-better-employer-from-...
I think this may be a more relevant link to the 'I didn't get paid' - and explains a little more of the veiled threats to whomever Simon Patience is from your link.
https://www.quora.com/How-is-work-life-balance-at-Apple
https://www.linkedin.com/in/simon-patience-4b2103b9
Apple Vice President Core OS Software (2002–2014)
I mean basically don't trust SV corporate- most have learned this the hard way.
Wow that speaks so bad of apple.
1 reply →
I'm extremely curious about the "untimely death trigger conditions" part at the end...
Oh wow. What a blow. The way I make myself feel better about all the stocks and options I was never offered in my career is by assuming something like that would have happened to me.
As I understand it he got $10m equivalent of cash, but not $10m of actual stock that would have grown tremendously.
Why wouldn't he just buy the $10m of Apple stock then?
Couldn't he have bought Apple stock with the proceeds?
Anyone have insight on whether this level of performance incentive compensation was more or less common 20 years ago than now and how to credibly negotiate for them as an employee instead of leaving and contracting on value pricing? I'm afraid the answer is "if you have to ask..." Is it mostly just executives or are high level ICs ever successful here? In the public arena I only really hear about it happening for strategic acquihires and execs.
I have a reasonable amount of respect for Terry's technical competence, but a ... quirk of his personality is that he doesn't really respect the bounds around the truth.
If you know those bounds, you can filter him, but in general reading / listening to Terry is necessarily an active and selective process.
It's fair to say that some of the things he describes in this piece are true; he names some real people, and talks about some things that actually happened, but the tale as presented is more "inspired by" than "faithful to" the truth and many of the details are pure invention.
One thing that is true is that some of the folks he names - and praises - did indeed work extremely hard for much less recognition than they deserved.