Tim Cook of apple got paid $92 million in 2022 - a massive degree of overcompensation in my opinion, and an amount he got sued for.
If he got paid at a comparable percentage of revenue to spez last year that would have been (amusingly) a 92 Billion dollar paycheck - 1000x as much.
Regardless of how much I dislike the guy personally investors should be running away screaming from this IPO.
So… the asshole who used reddits “unprofitability” as a fig leaf for hamstringing their user base with a garbage API policy just so happens to be the same guy that got paid 25% of the entire company revenue for the last year?
What a Fucking chode.
That can vary widely across industry and circumstance. I’ve stayed with the same company (granted through a couple mergers) and grown my comp more than 10x in that time.
And while I’m not at all advocating for being any more loyal to a company than they are to you, I can definitely say seeing a big string of quick flips in jobs in their resume is a big red flag for me when hiring people.
I don’t mind people having a practical attitude to comp, but in my line of work at least I find it takes a good few months of orientation for someone to start adding real value anyway. Definitely not something I’m looking to repeat all the time with folks I hire. Granted, I also work damn hard to earn some loyalty and put “my money where my mouth is” for my people, I’d often not the case.
In any event, I’d definitely agree you’ve got to keep a close eye on your own self interest. You may run into bosses and companies that will do right by you like I have, but there is sure as hell no guarantee of it and precious little way to tell the difference till you’ve spent time there.
Why wouldn’t we include a server call on every button press? We need usage data to optimize the experience!
Well, in the sense that knowingly going somewhere that’s likely to host crowds of people trying to kill each other is pretty stupid, sure.
You tell me. Your user name suggests some expertise.
Next time you have to fart just squeeze your butt cheeks together real hard. It’ll pop right out.
Oh I think that’s probably true, but the question assumed it taking place
If governments started regulating bitcoin because it was proof of work based then people aren’t going to pump real money into another proof of work scheme to replace it - why would they take the risk of it happening again when there are alternatives? the mining profit margins would disappear and so would they.
Median home price in the US last year was about 450k, so I’d say your scale is a bit skewed.
The way that article is written is a little vague, but it sounds like that is how much cash and stock he received just last year - independent of any gain he received from the value of his existing stock going up.