What And Why

Equity compensation takes center stage in big tech careers—here are the core points from the lesson:

• RSUs (Restricted Stock Units) are a major component of compensation in public tech companies and grow more significant with seniority
• They're granted based on stock price at the time and typically vest over several years, often with cliffs and monthly or quarterly schedules
• Vesting structures and timing vary by company; the value ultimately depends on the stock’s price at the time the shares vest
• Companies use RSUs to conserve cash, encourage retention through "golden handcuffs," and align employee incentives with shareholder value

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