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Old 04-30-2019, 10:05 AM
 
2,242 posts, read 556,106 times
Reputation: 3935

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Quote:
Originally Posted by bobsell View Post
Stock grants are not usually given to starters (entry level people).
More fiction. Stock grants along with starting bonuses are part of the package given to entry level people, and more stock grants are given each year during performance reviews.

Quote:
Originally Posted by bobsell View Post
75% of jobs in Silicon Valley are given to visa holders and those who transition from them. US Citizens need not apply.
More fiction. You do realize repeating the same fiction over and over doesn't make it true, right?
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Old 04-30-2019, 10:12 AM
 
2,242 posts, read 556,106 times
Reputation: 3935
Quote:
Originally Posted by bobsell View Post
That's what private sector employers think. "You got a PhD? You should be a professor instead of applying here."

With the exception of quants (PhD in math) - PhD's in anything locks people out of industry.
More fiction.

I had dozens of PhDs working for me in fields including chemistry, physics, materials science, chemical engineering, electrical engineering, mechanical engineering, ceramics engineering and the like, each of whom were named inventors on an average of about 15 to 20 patents. Oh - all were US Citizens.
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Old 05-02-2019, 06:17 AM
 
1,550 posts, read 404,523 times
Reputation: 2896
Quote:
Originally Posted by bobsell View Post
Tons of employers have 401K with match, Big freaking deal.

Stock only is offered to the tiny percentage of techies who have unique skills, they're like the 1% of developers. Your typical dev won't get this.

Of course, not for US Citizens - only for those who have work visas and those who transitioned from those work visas for 75% of tech jobs.
This is laughable. You need to stop listening to your drinking buddies who never worked in the industry. Stock such as restricted stock units and stock grants are given to ALL employees in their working classification which encompasses all those working at a desk in the company. Come on, this is written into to employment offer letter.

If every time you see someone non-white you think not a US Citizen, you got much better issues to deal with.
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Old 05-02-2019, 09:20 AM
 
Location: In a city within a state where politicians come to get their PHDs in Corruption
1,467 posts, read 1,133,953 times
Reputation: 2970
Quote:
Originally Posted by Serious Conversation View Post
That's true, in theory. The reality can also be much different.

Several months ago, video game publisher Activision-Blizzard posted record profit. You'd think that might trickle down to employees in some manner, correct? No, in fact - several hundred staff were laid off because the company "didn't reach its full potential."

That's the video game industry, but I thought it was illustrative of corporate greed and the idea that more is never enough.
Profitability and Free Cash Flow are two different things. A company can appear highly profitable, but due to the heavy Capex/Debt load is cash poor.
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Old 05-02-2019, 10:25 AM
 
6,861 posts, read 3,727,681 times
Reputation: 18103
Quote:
Originally Posted by neutrino78x View Post
So when you get to that point, you leave for the private sector, having served your country with honor.
You're always at that point. You always have to eat and provide. Irony, given this thread: I was stationed in silicon valley for four years. We had to live "on the economy" because there wasn't enough of that "free" housing non vets think vets get. I had enlisted troops who were workin 3 part time jobs to pay their share of an apartment. NCOs with families. All these folks serving their country and some of my troops on food stamps.
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