[Guzba]

Roblox is dilution-maxxing, stock based comp is up 10x since EOY 2020 whereas revenue is only up 3x. SBC is also ~ 1/3 of revenue.

It's pretty cool to get shareholders to pay your employees so you can be called "operating cash flow positive" as if their comp isn't an expense.

[staticautomatic]

IDK about the stock but I’ve interviewed there and their cash comp is legit FU money. Am I misunderstanding you?

[Guzba]

I'm referring to companies financial statements where these numbers are reported. It doesn't mean the cash comp isn't high or that a specific job offer won't have a lot of cash comp.

What it does mean is that, in aggregate, Roblox has issued $1B in new shares to employees in the last 12 months, diluting shareholders by 4% or so. This is the most significant factor making the company cash-flow positive while remaining not profitable. It's essentially the same as investors putting more money into the business constantly.

[endtime]

I'm a pretty senior IC at Roblox, and my new hire offer was 40% cash / 60% RSUs. It's now closer to 33/67 with refresher grants.

Roblox pays very competitively (see levels.fyi). The apparent strategy is to try to hire lots of long-tenured L6+ Googlers (seriously, it's crazy how many former Googlers I work with).

[paulpauper]

Roblox's salary ranges from $140861 in total compensation ... Levels.fyi collects anonymous and verified salaries from current and former employees of Roblox.

does not seem like fu to me

[MuffinFlavored]

> SBC

stock-based compensation