Hot start up for example Uber, Airbnb, Pinterest How does Google convert those paper money to Google’s RSU?
They don’t. They look at your experience and pay you based on their internal leveling. Maybe you are able to negotiate a bit more, but ultimately you are minimizing your risk profile by going to a liquid company and there is often a penalty for that.
Penalty? In my experience, liquid companies have *way* higher TC numbers. You can’t make financial plans based on worthless startup options.
It’s easier to give promises than real cash. Liquid companies pay more in real dollars, but if you look at the paper valuation, they are lower. Risk and reward go hand in hand.
Zero
Depends on what stage the startup is and how important Google feels about it. Some of the companies that you mentioned are no longer startups. They are mature companies, but are private. Hence Google will somewhat discount it's RSUs, but not by a lot.
Do you have idea what discount is applied on Uber and Airbnb? They are the largest and 2nd largest private company
Of course Google value Uber rsu. Google CEO even mention their investment on Uber worth 3+ Billions in the latest earning report. I see that a formal statement.
Google had to mention the value of the investments made under GV and GC because of change in law. Otherwise Google won't have revealed it. Also $3B is a still a drop in a bucket for Alphabet.
Uber rsu were on sale earlier this year. Google venture did sell a bunch of them as well.
What other folks said: they evaluate you based on what they think you can contribute. Generally startup equity is discounted by 25% if they do think about it at all. This is to account for lack of liquidity
What’s the question again?