<i>"Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock."</i><p>Am I missing something, or is expecting "1/10 of 1%" equity insane? I've never heard of a mid-level developer getting that at a company of Facebook's size.
Wow, mid-level developers pull $150k?<p>Everything I had read previously stated that Google salaries were nothing special compared to industry averages, and it was the perks and culture that differentiated them<p>But there's no way $150k is average for a mid-range developer.
Arrington seems to be suggesting that FB is telling recruits "that there’s no reason their stock won’t hit $100 billion in total valuation".<p>If that is the case, and that's coming from any sort of person in a leadership or HR position, isn't that seriously afoul of SEC rules?
I wonder why Apple's different.<p>From what I read, their average salaries are much lower but their loyalty is much higher. Besides, you don't hear of <i>too</i> many Apple employees quickly leaving for other places, at least not as much as Facebook/Google.<p>Why?