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lovichyesterday at 6:56 PM1 replyview on HN

You are in a bubble if you are surprised at the idea of companies not giving out stock, much less RSUs specifically. While it’s common in the big tech Silicon Valley companies there are thousands of other tech companies where the most they give are options, and I must repeat with a litany of caveats that make them effectively worthless, and even more where they only pay salary and have no way to gain equity at all.

I am in a lower tier of the market than Silicon Valley and after 15 years of making over six figure salary I have not been given a single stock, and none of my employees or members of my social circles that don’t work at FAANGs have either.


Replies

porridgeraisintoday at 4:21 AM

Considering how my second paragraph was ignored, I assume you own stock in major companies either directly or through indices, thus making you a capital owner that makes money from other people's work (work used in the literal sense)?

Note that around half of the US stock market is passively owned, so this is not a small number on aggregate

Further see: my reply to a sibling in this same thread.