Seeing so many posts about stock based high TC. Like snap or Robinhood the last year's But you zoomers don't realize the reason is paper money and empty promises are cheap. It's because there is 0 cost almost for them and without profit there is no real stock value Hope you learned your lesson now
It will bounce back. They don’t have to sell.
Some may not bounce back. Examples, peloton, coinbase, robinhood,, lyft, etc
Yes so we expect updated TC numbers in old threads then? 😂🤣
0 cost is wrong. But the point that RSUs are about shared risk/reward in the company is 🎯. That’s exactly the point of RSUs. Yes it sucks your comp is down 50% but you should not really be surprised.
wtf do you mean learned your lesson now? is accepting a job with a higher salary a bad thing? u sound like a bitter old man that’s jealous of new grads making more than you
What i mean is people treating stock as salary and not a nice maybe bonus that can be zero until you have the gains in your account and taxes paid. Not many mentioned that but just say like ohh nice TC bro not considering the downside
So to expand more, it's not about the money it's about the mentality
TC or GTFO
Not mad at all, just interesting to see how hysteria works in action
Ok boomer
Ok but my base is higher than your TC
That's nice, and you work for a profitable company, so i don't mean those
Zoomer and I opted for more stonks. Salary is already enough to fund my lifestyle and equity could pay off hugely.
Yes that's the right way to see it, potential upside not set in stone
Anyone born before 2004 probably remembers that there was a recession. And there aren’t many people who were born after 2004 on Blind.
Curious, did you find your crystal ball again or someone gave you a joint today?
Nothing of them actually. But seems like many miss the general context of my post Same mentality with housing doomers btw