Tag Archives: compensation


48 Hot Tech Companies To Build A Career

Every year, my students at Stanford GSB who want to work for startups ask me for advice on where they should work. I disappoint them by recommending that they not to go work for a startup at all. I tell them three words I know it’s hard for them to hear: You’re not ready. I prefer to see them take their first jobs after graduation at midsized companies with momentum, not startups, because they are the companies most likely to be big successes. Why is success so important? You get more credit than you deserve for being part of a successful company, and less credit than you deserve for being part of an unsuccessful company. Success will help propel your career. […]

How Do I Choose Where To Work?

When it comes to deciding where you’re going to work, the quality of the company trumps everything else. After Wealthfront developed a Startup Compensation Tool allowing people to compare their salary and equity compensation packages against the market, our clients and readers asked us how they could identify a great company to work for. My students at the Stanford Graduate School of Business frequently ask me this question, too. The Patina of Success My answer is: You should most focus on success. You get more credit than you deserve for being part of a successful company, and less credit than you deserve for being part of an unsuccessful company. Success will help propel your career, whether you want to join the […]

Manage Your Tech Career

It may sound strange for the CEO of an investment management firm to say this, but managing your career well is much more important than managing your investments well. Good investment management – using low-cost ETFs and low-fee advice – can mean higher returns in your investment portfolio. Over time, that might add up a lot of money, maybe hundreds of thousands of dollars on larger portfolios. But the economic rewards that follow from good career decisions in the technology industry are potentially much larger. Today, Wealthfront is launching a Startup Compensation Tool to help our clients with that part of their financial lives: their careers. The Tool offers data on the tech startup job market, including cash compensation and […]

The 12 Crucial Questions About Stock Options

Next time someone offers you 100,000 options to join their company, don’t get too excited. Over my 30-year career in Silicon Valley, I’ve watched many employees fall into the trap of focusing on the number of options they were offered. (Quick definition: A stock option is the right, but not the obligation, to buy a share of the company stock at some point in the future at the exercise price.) In truth, the raw number is a way that companies play on employees’ naiveté. What really matters is the percentage of the company the options represent, and the rapidity with which they vest. When you receive an offer to join a company, ask these 12 questions to ascertain the attractiveness […]