levels.fyi lets private company employees list their stock option worth as what ever they like, its self reporting
More often these stock options for non-publicly traded companies are not liquid until they IPO. Which a startup engineer at SpaceX completely expects
But the Twitter employees didn't join a startup, and have compared their TC to other liquid comps offered to them. Their leases and mortgages would be based on their liquid comp, which could be cut in half overnight until the next IPO
More often these stock options for non-publicly traded companies are not liquid until they IPO. Which a startup engineer at SpaceX completely expects
But the Twitter employees didn't join a startup, and have compared their TC to other liquid comps offered to them. Their leases and mortgages would be based on their liquid comp, which could be cut in half overnight until the next IPO