from Gergely Orosz | by Gergely Orosz

In "why should I care about equity, with numbers": An engineer got an offer at GitLab to work remote in Amsterdam with an €93K base and 4,000 options. They figured the options might be worth €10K/year. After IPO it was worth $350K. This is how you double your compensation. t.co/nhFqjo9Bs7

Most GitLab compensation numbers "jumped" as soon as the IPO happened, as now they are no longer "paper money". Here are a few, for Amsterdam (not all have equity numbers updated for the post-IPO market value): t.co/rHXPhHKb0i More on equity: t.co/WxQ9pQh2mY

To get these "jumps" you need to take some level of risk. GitLab could have not IPO'd. Their IPO price might have been lower. This is why I suggest joining places with a fair base salary, and equity where you have upside as one strategy for a payday.