by sarimkhalid on 12/27/23, 7:58 PM with 10 comments
by just-ok on 12/27/23, 8:59 PM
> Employees that spent many years contributing to a company that rewarded them with stock are enjoying the fruits of their labor.
by mwigdahl on 12/27/23, 8:54 PM
by olliej on 12/27/23, 9:50 PM
by jokethrowaway on 12/27/23, 9:39 PM
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 12/27/23, 9:10 PM
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”.