Every FAANG stock along with the broader NASDAQ seems to be in correction/bear territory. What has the recent downturn in tech stocks done to your TCs? What percentage drop are you expecting in your TC, assuming you started at some point in the middle of this year and got locked in at a very high grant price?
Oh no. I am only up 30% now for 2018. Time to look for a new job...
That last sentence doesn’t apply here.
Ftw
My TC over the coming year of vests will be down around 100K from where it would be if vesting at the grant price.
This is why you should consider stocks as added bonus that you never look st or touch until retirement
Netflix pays you all in cash. No stocks are granted. They give you the cash with the freedom to use it to buy out of market options priced a bit better than market. They do however give you 5% extra of your salary and purchase those same options for you. So Most of us wouldn’t be affected or all depending how much one has decided to put in those options.
Lucky bastards.
Why not be Optimistic and be happy about the grants you'll get in this market will have a higher value later?
Because fuck optimism when we can just b*tch. /s