by just-ok on 12/27/2023, 8:59:29 PM
by mwigdahl on 12/27/2023, 8:54:01 PM
by olliej on 12/27/2023, 9:50:01 PM
Wait, so now we're saying stock based compensation is bad? does that mean we'll stop giving executives stock based compensation?
by jokethrowaway on 12/27/2023, 9:39:10 PM
Great problem to have.
Probably the key players that contributed to key decisions made 10x the middle managers and that's what drove them to success. I'm also inclined to think those people are already busy on the next big thing (in nvidia or somewhere else)
It sucks to see middle managers who contributed little being rewarded but that's almost inevitable in a large company.
Maybe the next nvidia will learn the lesson and allocate more stocks to key players and less to drone employees - and maybe just have less middle managers all together.
by pfannkuchen on 12/27/2023, 9:10:10 PM
I see the term “rest and vest” used in the media a lot for a scenario that doesn't align with my understanding of the term.
Here the article says that long time employees who are coasting are doing “rest and vest”.
But, I always thought this referred specifically to employees of a startup after being acquired by a big company. Like, they worked hard pre acquisition, and after the vesting period is over they will go to another startup, but in between they “rest and vest”.
Alternate title:
> Employees that spent many years contributing to a company that rewarded them with stock are enjoying the fruits of their labor.