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"ByteDance’s top earners make more than $1 million a year plus stock options, with total compensation sometimes exceeding $3 million. " I bet top earners at Google, Facebook etc make much more than this.
So 100 Engineers will cost $100M per year? I sometimes wonder why the gap between developers are so wide. There are many ( or more like majority ) in HK the make less than a $100K a year.
Can't make this assertion without seeing a distribution.
Well,frankly it's "easy" when you don't make a profit and rely on investor money rather than balanced account.
Starting a startup with the engagement of TouTiao is not easy.
When you are getting money on a 75B valuation good luck cashing out on that sort of startup. The investors will eat most of that profit leaving you with a few million if you are lucky on a big exit.