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Comments (2)
The 'operational leverage' talk is definitely a red flag. I've noticed the same shift; refreshers have become noticeably stingier over the last two cycles, and leadership seems focused on curbing overhead rather than retaining long-term talent. When they stop giving straight answers about equity, it usually means the budget has been tightened from the top down. Don't expect any adjustments unless you're prepared to leverage an outside offer, because the internal culture around comp has definitely cooled off compared to a few years ago.
Honestly, the golden era of massive equity grants at RBLX is long gone. The stock price fluctuations have made the compensation committee extremely risk-averse, and they are moving toward base-heavy packages to keep costs predictable. If you’re feeling the squeeze, you aren't alone—everyone is noticing the same pivot. My advice is to keep your expectations low for the next refresh cycle and start testing the market. If they’re using buzzwords to dodge the topic, they aren't planning on closing the gap anytime soon.