u/Bananape4l wrote (the comment Michael replied to):
idk what you've heard about spacex compensation but their packages were decidedly smaller than software even 10 years ago and even today most likely. is the private stock worth that much to compensate? i'd guess not. i think blue origin lags amazon's sde compensation, so idk th
u/michaelnovati replied ·
Thanks for the push back! It’s a very good point that a lot of private stock might not be a rocket ship.
So what I saw at Facebook was that people with this passion alignment progressed in their careers crazy fast, maybe almost too fast. So after a few years, if the company failed, you might be a whole level or two ahead at typical FAANG. So I would argue that there are other ways it can pay off in your career other than annual comp year to year.