We all saw how #airbnb and #doordash IPOs went and how they made majority of their employees millionaires. Robinhood looks screwed maybe at least for now. (I mentioned before that instacart IPO is screwed but it turned out my understanding of their business is screwed 😂 sorry)
Are there any other good options (with high chance to be like Airbnb and Doordash) you would recommend? And why?????
Full list of startups mentioned by community is in this post https://us.teamblind.com/s/PEriNDXM
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$100-200k equity per year is not uncommon for senior and staff engineers in SV, for FAANG and similar companies. Maybe rare for all devs in the world and all industries etc but that's not in my consideration set.
I'm not talking about scratching 1m in total. I'm talking about 1m per year - it's not uncommon for DoorDash, AirBnB, Snowflake, etc. We need to open our eyes that this is the current market at least.
If you scan through levels.fyi, you will see that roughly 1/10 to 1/20 salary entries state they make ~100k in equity per year. Many of the companies that pay ~100k in equity are valued in the 10 billion to 100 billion dollars in market cap. These devs who are pulling the 100k+ equity are not making anything near the total market cap value of the respective company. It's an offensively small amount and in the grand scheme of things, they are the ones directly creating value.
NOPE. I was misled. stripe recruiters are indeed bad and arrogant.