Comment by gdbsjjdn
2 days ago
I'm sure everyone is doing just fine financially, but I think it's common knowledge that these kind of comp packages are usually a mix of equity and cash earned out over multiple years with bonuses contingent on milestones, etc. The eye-popping top-line number is insane but it's also unlikely to be fully realized.
The point isn't doing fine financially, it's having left multi million dollar startups as founders.
In essence, they have left stellar projects with huge money potential for the corporate rat race, albeit at important $.
They’re pretty sophisticated people and weighed the trades. It’s not as if they’re deserving of any sort of sympathy.
I think we are stretching the term "corporate rat race" a bit in this case.
If the AI bubble pops such that Meta's exorbitant AI spending is seen as a flop, how well would those startups have done?
>I'm sure everyone is doing just fine financially
They are rich. Nobody is offered $100M+ comp if you are not already top 1% talent
$100mm comp packages are more like top 0.0001% to 0.00001% compensation.