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0 pointsnostrademons4y ago0 comments

Stock price for most of the FAANGs has gone up by about 2.5x in the last year. If you had $200K base, $50K bonus, and $300K stock compensation in 2019, you're now making $1M today. That's roughly L6/E6/ICT6 (staff) level.

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kortilla4y ago

Google has not even hit 2x. https://finviz.com/quote.ashx?t=GOOGL

Also, staff level is a tiny slice of the engineers at FAANG. So still not “a lot” even if your stock appreciation numbers were correct.

agrajag4y ago

Which FAANG has had their stock go up 150%?

They’re all doing well, but even Amazon hasn’t doubled their stock since prepandemic.

There are definitely more people making 1m/yr at FAANGs than their were last year, but I agree with others that it’s not “a lot.”

nostrademonsOP4y ago

FB in May 2019 = $177.47, today = $332.04, 87% appreciation.

AMZN in May 2019 = $1775, today = $3496, 96% appreciation.

AAPL in May 2019 = $43.77, today = $130.87, 198% appreciation.

GOOG in May 2019 = $1103, today = $2508, 127% appreciation.

That's all over the last 2 years. Market low was apparently Dec 2018, before the Fed started cutting interest rates, so the numbers are a bit bigger since then. They were pretty steady through 2017-2019, so anyone who got grants or refreshers during those time periods has benefitted from that appreciation.

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