Suppose you work at Zynga, and you're at the bottom-to-lower end of the hierarchy. Nobody with a C-title knows the name of your manager.
You're stuck working 10 hour days forever. What's the expected value on your equity? You obviously have some minuscule fraction. Are people really killing themselves over a $100k bonus?
Is this all based on the "pre-Facebook IPO" world where tech stocks were expected to triple in price over six months?
A $100K bonus could shave off a decade from a home loan. Even in the bay area. I'd work hard for that, but I would also have to like where I work even without the bonus.
Suppose you work at Zynga, and you're at the bottom-to-lower end of the hierarchy. Nobody with a C-title knows the name of your manager.
You're stuck working 10 hour days forever. What's the expected value on your equity? You obviously have some minuscule fraction. Are people really killing themselves over a $100k bonus?
Is this all based on the "pre-Facebook IPO" world where tech stocks were expected to triple in price over six months?