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[return to "$900k Median Package for Engineers at OpenAI"]
1. scarfa+Ta[view] [source] 2023-06-24 17:29:31
>>zuhaye+(OP)
$600K of that is “equity” in a private company. You never know when the company will go public or with what valuation.

I can’t sell equity in a private company to exchange for goods and services like I can stock that gets deposited in my brokerage account every six months.

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2. financ+He[view] [source] 2023-06-24 17:55:59
>>scarfa+Ta
If it is “equity” in a private company, any employees can certainly sell that stock to a venture buyer on the secondary market. However the share price will likely be discounted.
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