I think Apple is nearing its end. Dropping iPhone sales in China, vision products barely taking off and uncertainty of future market penetration, fruit mobile axed, and most importantly - left very behind in AI. Macbook, watch, AirPods - and then what? Layoffs are happening in several orgs. Stock p...Read more
My spouse works in tech that recently went IPO with a decent company stock portfolio. We bought a house in 2021 with some of that as down payment and noticed in the past 2 years that whatever money we put in our house was protected as the house value did not go down. But our stock portfolio was wipe...Read more
o Current Founder/Partner at the Employee Stock Option Fund o ESO helps startup employees exercise and get liquidity for their stock options while minimizing their taxes (Since 2012, we have helped over 1,100 employees at more than 450 companies) o Joined the venture capital industry in 1997 as a Ka...Read more
For folks, who are not aware of these companies new RSU policies, here's it in the nutshell. 1) Fixed bonus amount given in the form of stripe/instacart share. No stock upside to capture! 2) This shows it's not about having employees part of the company success and more about delayed bonus payout i...Read more
Spouse just started working at Microsoft and we are considering enroll in ESPP. Quick question, can we sell stock in the account when still working at the company? Or we can only sell it after leaving?
Amazon is introducing an option to take 25% of RSU's for 2025 in cash locked in at the 2024 stock planning price (based on February - March 2024 average). The cash "vests" quarterly along with the remaining 75% of RSU's. Amazon sub-forum is up in arms because this means that one wouldn't see upside...Read more
We have $700k in Microsoft stock (SO just told me this morning 😲) I'm nervous holding so much stock in one company and thought maybe we should take 10% every year and shift it over to a vanguard index fund which has a 10-13% 10 year ROR or maybe a bond fund. This will allow some Microsoft stock to...Read more
No pun intended Acronyms used SLT : Senior Leadership Team Time 11am - Phone Bzzz Bzzz* Satya: Hello? Sundar: Hey Satya this is Sundar Satya: What do you want now? Sundar: Nothing just wanted to show off that we are all set for Keynote I/O Satya: Great😒 What should I do now? We already have Cha...Read more
Omg....that's 5% what the..... Email below: We’re living through times of significant change, and as I meet with customers and partners, a few things are clear. First, as we saw customers accelerate their digital spend during the pandemic, we’re now seeing them optimize their digital spend to do m...Read more
After graduation, i always wondered what if i was software/IT field where one could command insane pay in google/fb of the world. 15 years back, We had NV/AMD/intel couple of companies which paid in peanuts. Finally market is valuing HW engineers across the board. Hardware companies have insane val...Read more
People should feel good about Meta's stock price because it means Meta might start paying software engineers more. Anyone who's been around the tech scene knows that Google and other big tech companies often raise their salaries to keep up with Meta. Now, with Meta likely to ramp up its spending, we...Read more
Every can see it from a mile away that the exponential rise in applications of AI on the horizon combined with chokehold (monopoly) they have in the GPU space is going to make them the most valuable company on Earth 🌍 very soon… Big opportunity imo… Why aren’t we going all in in their stock?! Dis...Read more
Crossed $6M NW recently and never in my wildest dreams imagined this. Portfolio consists of 15% company stock (slowly diversifying away), 35% real estate (mix of investment and primary properties) and rest in index funds. Wife and I work in FAANG+, we are reasonably frugal and invest regularly. No...Read more
Qualcomm just had its earnings call, and the stock is already down 7% after hours. Everything is down - revenue, net income, guidance. Now there's going to be layoffs Qualcomm warned of likely restructuring charges for job cuts. “While we are in the process of developing our plans, we currently ex...Read more
It is well known that Amazon limits RSU refreshers by the target compensation. So if the stock went up significantly, we might get no refreshers at all since the forecasted comp is above the target comp. What companies don’t limit refreshers? E.g., Google, Meta,… What companies share the same Amaz...Read more
==update My reference to wm manager role is to not imply i/we are high and mighty. We aren't and I am thankful for everything I have. My post is more about the self-hate I see prevalent in tech and it blows my mind. == That's it! Plain and simple. When a Walmart store manager, a role that doesn't ...Read more
We all know the PM who’s making TikToks at work and the company is full of people like that. Low stock price won’t let us burn billions into Reality Labs. If the leadership wants to continue investing into AR/VR then they need to trim the fat right now. Not only will it make the stock bounce but al...Read more
I am currently in Utah and TC 65K, got an offer to move to San Jose, CA for Senior Technical Developer at an Insurance company. Will that be enough for family of 3? Wife will be staying at home with 18 months baby for now. UPDATED: After much negotiation and even threatening to walk away, they incr...Read more
Other than layoff folks to increase the stock ? Seems like if there is one company that shouldn't have layoffs it's the pip factory, but it's not the case Are we missing anything ?
For the uninitiated, Mag7 (short for Magnificent 7) is Apple, Amazon, Alphabet, Meta, Nvidia, Tesla, and Microsoft. These companies combined market cap would be the world's second largest stock exchange. https://www.cnbc.com/2024/02/19/magnificent-7-profits-now-exceed-almost-every-country-in-the-wor...Read more