I was hired at $300+, weeks before the plunge. It wasn’t fun realizing that pushing my start date would have pushed the issuance to the lower price.
That was when the company was rescinding previous offers and laying off newish employees -- so there aren't a whole lot who stuck around long enough to reap the rewards.
Yeah now they're even more still rich!
Recruiting does not update their stock that often especially when it’s on a tear. Also, they assign RSUs based on projections, not current value
That's not true at all. At Meta your RSUs are based off the average share price for the month before your start date