It’s only gone up 2.5x since then—a mere 35% per year—so you probably wouldn’t have done better than a founder over the equivalent timespan. Especially once you take into account the many worse options that were in Dropbox’s reference class in 2012, like Fab.
Great point. I would add that 35% annual raises are completely within the realm of possibility in direct employment as well.
Great point. I would add that 35% annual raises are completely within the realm of possibility in direct employment as well.