Yes, it probably applies to the most qualified hires, so probably folks who are already around $1M total comp where they are.
But the most important point is, you don't get that money now, and maybe never. The most likely scenario where you get that kind of a payday is if they go public and if the pre-IPO pie-in-the-sky valuation holds for a good while.
It might. But it's far more of a gamble than your FAANG stock.
But the most important point is, you don't get that money now, and maybe never. The most likely scenario where you get that kind of a payday is if they go public and if the pre-IPO pie-in-the-sky valuation holds for a good while.
It might. But it's far more of a gamble than your FAANG stock.