Overpaid FAANG Employees Are Getting A Harsh Reality Check

Here is the link. 

For quite some time now, FAANG has been the dream employer for most aspiring engineers and software developers and it’s not surprising why. FAANG blows traditional companies out of the water when it comes to compensation and their perks and benefits are also unmatched. But, over the past several months, the sentiment surrounding the tech industry has changed quite a bit. A significant amount of tech companies have been doing massive layoffs including even Facebook and Amazon. While Apple and Google have yet to do formal layoffs, they too have substantially pulled back on hiring, bracing for an economic downturn. Many of these companies hope that by acting early, they can minimize the long-term damage done to the company and its employees, but only time will tell. In the meantime, we’re seeing tens of thousands of tech workers being displaced, and I doubt they’ll have trouble finding new work, it’s not clear if they’ll be able to get nearly as much compensation. This may end up pulling down much of the inflated silicon valley tech salaries. This video explains the recent tech layoffs and what that means for the tech workforce.

Timestamps: 0:00 - Mass Layoffs 2:29 - The Mechanics Of Tech Salaries 5:36 - Shifting Landscapes 8:11 - A Crossroads 10:25 - The Future Of Tech Compensations

30% to 40% margin -

Director - $1.34M -

$897.8K - 4 years -

Dilute the stock - $8.7 billion dollars/ 1% if Meta is 1T dollar stock

Exon, AT&T

Dilution - Less than 1%, 300 million then it goes up 3%.

3% dilution - $70,000 -> $50,000

Should I purchase Facebook stock 30 shares? | Sept 22, 2019 | $185/ share in 2019 | A beginner

Sept 22, 2019

Introduction

It is my short research project. I learned my mistakes, back in 2012, Amazon stock was around $80.00 dollars, I spent over $1,000 dollars to purchase clothing instead of purchase of Amazon stock. The fact is that Amazon stock is ten times more in 2019, over $1800/ share. The blog is here. I went to Facebook onsite this August, but I could not get the offer. Maybe, I should start to purchase Facebook stock.

30 shares of Facebook stocks

Facebook stock is $189 US dollars. I only have savings in US dollars to purchase 30 shares of Facebook stocks.

10 benefits of holding 30 shares of Facebooks

I like to celebrate my onsite interview in August 2019. How do I do that? I am a frugal person, and try to adopt minimalism life style. And also I like to work on my weight control, fitness program.

I do not own any stock from Microsoft, Amazon, Google and Facebook. I did purchase Microsoft stock and paid for $66.00 dollar in 2001, and then sold it as loss around $20s price. Here is the blog.

Or should I purchase VGT ETF instead? 30 shares of ETF.

Follow up 

August 3, 2021

I am considering purchase of Facebook stock again.