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Comment by ironmagma | Hacker News Reader

Judging by levels.fyi it's exactly what I said, L4 at Google makes ~$157k a year. If you're talking about TC that has to be said; most people when they are talking about "making X amount" are talking about salary.

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>If you're talking about TC that has to be said; most people when they are talking about "making X amount" are talking about salary.

Not in tech.

So what’s the recommended way of talking about how much you make when you are at a startup which only has stock options, where the stocks may eventually be worth hundreds of thousands but are currently worth 0?

If it's an early-stage startup, "base salary (+ bonus if applicable) + paper money". If it's a late-stage startup where you're getting RSUs and the company is likely to go public soon, people usually give a TC number that assumes equity pricing at FMV with the understanding that much of it is illiquid (I'd personally put a 30-40% discount on that kind of equity offered by late-stage startups to compensate for the illiquidity, uncertainty, and risk, but different people will have different numbers, and obviously the specific details of each situation are also important).

go ahead and count them if you work at robinhood or stripe

you could also just lie if it's that important to you

Well the question was more around what to count them as since there’s a wide range. In my experience people typically just mention salary and count stock options as 0 but everyone in this thread seems to disagree.

The answer is that it differs between public and private companies. It's exceedingly difficult to value the equity in a startup that may not IPO for years. Its exceedingly easy to value RSUs that vest each month and then are immediately sold for cash.

Total comp is what matters, and that's what people talk about. Bonus and RSUs are just cash.

L4 SE makes $266K: https://www.levels.fyi/company/Google/salaries/Software-Engi...

And L4 is one rung above entry level, 1-2 years at Google, right out of college.

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