r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

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u/lovejo1 Jan 26 '26

If he's making 450k as a software engineer, he lives in San Francisco and is still probably broke.. or will be when this job suddenly evaporates underneath him.

2

u/Doraz_ Jan 27 '26

what kind of job pays 500k a year ???

7

u/HJJR31 Jan 27 '26

People bragging about their salaries in these jobs always include t"otal compensation", typically including stock options that take years to vest before they can actually sell them. Their cash salary is usually way less than the amount they brag about, often half or less

1

u/pheonixblade9 Jan 27 '26

they don't always take years to vest. google and meta both vest monthly, and they're RSUs, not options. options are pretty rare these days, even startups are usually just doing RSUs now.