The truth is that "significant" compensation is often worth little or nothing, and always has been. For every guy who makes $400K off his FAANG options or RSUs, there's at least 100 who made nothing off of their early stage stock options.
Even assuming this arbitrary estimate were true (I don't know what the real figures are, and doubt anyone else does, so why not) then this would mean the options were worth $4K ($400k/the 1 person who jackpots) in speculative value, give or take.
Still significant for someone just starting their career.
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