Stripe cuts internal valuation by 28%
Remember that Stripe changed its RSU grant structure a year or so ago, so this won’t negatively affect newer employees. Stripe gives out a fixed amount of $$ value of stock each year now. The typical recent senior hire will get around $200k a year in stock. Now that the valuation is lower, they’ll be granted more stock units than before, which is good. Getting granted fewer stock units at a ‘fake’ higher valuation would have been frustrating.<p>1. <a href="https:&#x2F;&#x2F;blog.pragmaticengineer.com&#x2F;equity-for-software-engineers&#x2F;" rel="nofollow">https:&#x2F;&#x2F;blog.pragmaticengineer.com&#x2F;equity-for-software-engin...</a> (Ctrl-F Stripe)