- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How do you feel about young NY investment bankers being worked 80-100 weeks?
Posted on 5/9/24 at 7:51 pm to BPTiger
Posted on 5/9/24 at 7:51 pm to BPTiger
quote:
Sounds like successful startup companies.
As an aside, I’ve noticed an interesting approach at startup SaaS companies with engineers in particular: they negotiate some type of equity grant early early on, hang out for a couple years then bounce to the next place. Essentially, they view it like collecting lotto tickets in the hopes of an acquisition or IPO wherein they hold a big enough % and the market price vs. whatever they got it for at the strike price is substantially higher.
That’s one way to do it I suppose haha, never know when you’re working for the next Microsoft
This post was edited on 5/9/24 at 7:53 pm
Posted on 5/9/24 at 8:25 pm to SouthPlains
quote:
As an aside, I’ve noticed an interesting approach at startup SaaS companies with engineers in particular
There was a wild phenomenon called "rest and vest" with silicon valley engineers for a long time, pretty much from 2010 to 2022 where they would just cruise through the day doing minimal work making really good salaries with handsome stock awards, so would just take the easy route through the four year vesting schedule and then go on to the next place.
I'm reading it's getting significantly harder for them to pull that off after Elon pulled the curtain back and revealed that a ton of these guys don't do shite all day.
Popular
Back to top
Follow TigerDroppings for LSU Football News