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Source: I know people who have both accepted and declined 100M+ packages They are IC roles for the most part
by flappyeagle 1y ago
Source: I know people who have both accepted and declined 100M+ packages
They are IC roles for the most part
- mr90210 1y agoAre you aware of the terms of such offers? I suppose those $100M are spread across years and potentially contingent upon achieving certain milestones.
- flappyeagle 1y agoEven amongst the packages, there is a range. One example package was 100 guaranteed up to 250 based on milestones and incentives over five years
- coderatlarge 1y agothey are executive roles in the sense that you are required to profitably allocate a scarce perishable resource (gpu time) way more expensive than any regular engineer’s time.
- flappyeagle 1y agoYeah, you could definitely look at it that way. They are IC roles in the sense that their job is to tell computer computers what to do but maybe that’s old-fashioned thinking at this point.
- statguy 1y agoAny idea roughly how many $100M offers have been made. I initially thought that there were maybe 1-2 such offers and the remaining were maybe around $10-25M. However, judging by this particular case and another report where a $1.5B offer was made to a someone at Thinking Machines, I think that the actual number of such offers is much higher. Any idea if the Googles/Apples are offering similar retention grants to prevent key employees from leaving?