It’s equivalent if the cash bonus is paid up front or at the beginning of 2020 when the employee starts. So 200k base and 300k signing bonus.
I _thought_ Netflix comps with a cash salary and if that’s the case it’s worth less than equity. The salary depreciated over the course of 2020 while an equity grant would have appreciated from the start.
I _thought_ Netflix comps with a cash salary and if that’s the case it’s worth less than equity. The salary depreciated over the course of 2020 while an equity grant would have appreciated from the start.