Due to the lack of accountability, and the ping-pong'ing of project ownership, other team's projects will suddenly land in your lap which you are now expected to maintain, due to yet another 're-org'. This all comes back to the nonexistent work-life balance that you will be faced with if you have any ability to write code. This approach is marketed to new hires as 'novel' and 'innovative', when in reality the only innovation is that it completely absolves managers from blame when arbitrary decisions are made for (denying) promotions or raises. There is also no hope for any career growth, as HR has an official policy of 'no paperwork': you are expected to simply have quarterly 'check-ins' with your manager regarding your performance. #Unity stock code#They will be misled into believing that their work can actually have tremendous impact, when in reality they are all treated as replaceable coding monkeys churning out piles of code for endless migrations. In order to hire fast enough to compensate for the attrition, recruiters will blatantly lie to potential candidates regarding how valuable the stock options are and how close the IPO date is. Teams are bleeding talent as competent engineers quit to escape the toxicity of constant doublespeak that aims to minimize accountability. 'Empire building' is the norm as teams fight for political power (aka ownership of projects / products / infrastructure) within the company before the mystical IPO date. Most of those will be trying to sell you something.Morale in the services side of the company is pretty low (services being Ads, Analytics, Infrastructure Engineering, etc.). If the people who trade stocks all day long can't do it, neither can you.īut in your life you are sure to meet an almost infinite number of people who will try to convince you that they know how. So it is not that far off from reality to suggest that it's not actually possible to glean useful information on an individual company basis and use it to make decisions on what stock to buy and expect to do any better than average. The lesson here is that it is almost impossible, even for people who literally do this for a living, to actually pick individual stocks and beat the market. The returns were almost always about the same. They looked at the average return on investment among that entire group and compared it to the returns on investment from an "index fund" which just invests in the market on a sort of overall basis (such as the S&P 500). These are people whose entire job it is to study companies and stocks and the market. Studies have been done taking the highest paid "money manager" and "investment banker" folks and looking at the stocks they picked. You're getting close to the truth actually, whether you know it or not. #Unity stock software#However I do work for a large enterprise software company and approximately 2/3 of my compensation is stock-based so I have some experience with these matters. So I'm not saying you're wrong but this type of "information" is highly questionable and should not be considered sound investment advice.įull disclosure, I do not own any stock in Unity. That stock can be sold at any time, and it is possible that such people are suddenly dumping all their Unity stock but it wouldn't be enough to move the needle in relation to institutional investors, who regularly trade stocks at the rate of eight-figure investments or more. That leaves us with employees who have vested RSUs who may have (foolishly) been holding on to them after the vesting date. The sales are published and pre-approved by the SEC.Įmployee stock purchase programs (even at lower levels) usually require a significant holding period before stock can be sold after it has been purchased. In most cases, any "insiders" who have any kind of clout within a company cannot just buy and sell the company stock willy nilly due to insider trading rules.Įxecutives are often compensated in large part with stocks and those stocks are automatically sold on a quarterly scheduled basis.
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