boulderingnerd in  
Computer Science  

Meta stock up 300% since COVID lows

Meta recently hit its all-time high at ~$572 a share and it's up around 300% from COVID's all-time low in March '20.


I picked out a random E4 offer made back in March 2020 and man, if this particular engineer stayed at Meta for all their stocks to vest—even without any annual refreshers–—they'd be a millionaire off just the stock growth!


They received a 100k average annual stock package back in 2020, which means it was calculated based on the ~150 per share price. Assuming simple math, it was 100,000 / 150 ~= 660 shares per year.


2,640 shares total over 4 years, and with a standard vesting schedule, their shares should be fully vested by now at Meta's all-time high of $572.


Meaning, if they didn't sell, their total equity would be $1,510,080 off just their original stock grant... absolutely insane


https://www.levels.fyi/offer/dff024f4-d1a4-5db3-8786-0a589eca310a

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chuuj615Product Manager  
This is why people love big tech! The fact that someone with 2 YOE back in 2020 could get an offer and just stick around for 4 years to become a millionaire is not something that could happen anywhere else
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flappybirdcs5Software Engineer  
True that xD

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