🤯 If you joined Nvidia 5 years ago as a junior employee with a $400k equity grant vested over 4 years, just that initial grant would be worth about $13M today. Not bad. Here's the lesson: yes stock options and RSUs are lottery tickets BUT you cannot get wealthy—truly wealthy—without equity. There is no way that cash comp alone can make you rich, even at places like Nvidia, Amazon, Apple etc. Heck, even Tim Cook's salary is only $3m - and let's face it, the rest of us are never going to be him. So yes, make sure that cash and benefits are the driving forces of every offer BUT also, don't gloss over the equity and just take what they give you. That's a recipe for regret—and trust me, I've been there. #executive #corporatetiktok #corporatelife #corporate #careeradvice #careertiktok #career #saas #startup #startups
@boardroomconfidentialTranscript
If you joined Nvidia five years ago as a junior employee with a $400,000 equity grant vested over four years, just that initial grant would be worth about $13 million today. Not bad. I love this. Here's the lesson. Yes, stock options and RSUs are lottery tickets, but you cannot get wealthy, truly wealthy without equity. There is no way that cash comp alone can make you rich, even at places like Nvidia, Amazon, Apple, etc. So yes, make sure that cash and benefits are the driving forces of every offer, but also don't gloss over the equity and just take what they give you. That's a recipe for regret and trust me, I've been there. Unfortunately, no one really teaches you how to negotiate equity. So I put together the ultimate guide on this stuff called the Senior Compensation Bible. It goes deep, deep, deep on how to get the most stock options in RSUs possible with benchmarks and advanced topics like triggers, extended exercising, and more. download at compensationbible.com. Again, that's compensationbible.com.
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