Lohman: Big tech RSUs function as value preservation, not high-upside returns
Greg Lohman · a16z Podcast | All Things Compensation · Jan 2, 2019 · at 24:25
Greg Lohman explains the structural difference between public tech equity grants and early-stage startup stock options during an a16z podcast panel.
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“We think of RSUs at a place like Google is, is value preservation, right? They're in a value preservation mode growth, but not huge returns, and you're giving an employee a share of stock, it's got value, that employee can look at that share and say, at the end of the vesting period, I'm as good, you know, as likely as anything to get that much value, 900 dollars, a thousand dollars, whatever it is.”
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