Airbnb questions. Help please!

Microsoft / Eng
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Microsoft Eng

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Mar 7 19 Comments

I have an Airbnb offer for a L5 SDE (Seattle)

I would like to know a few things about Airbnb from people who are there

1. How does review system works? Does Airbnb give stock & cash bonus at review or just stock? What's the target for L5?

2. How to value the stock on the offer?

3. What are the benefits? I'm sure I'll get this info from the recruiter soon.

Don't have numbers yet. Will update thread with numbers asap.

TC 290 K (7 YOE)

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TOP 19 Comments
  • Airbnb Nxptngzfw
    1. Ask your recruiter about taking part of your stock refresh as cash. They can give you more info on that. The target refresh is performance based and is top in the industry, your recruiter will give you details when they send the offer.
    2. In your offer they will probably value it at the same value as the last funding round which was in 2017. That's the 31b valuation. Pretty good deal. It would be silly to think we haven't become more valuable since then especially considering the public news about our profitability.
    3. $500/quarter to spend on the airbnb app. Rolls over indefinitely. People take some sick vacations with that. Free food/drinks/snacks. 15 days PTO + 2 week company wide holiday shut down over Xmas holiday. Mega backdoor Roth, 6% 401k match up to 50% of your salary. Great health insurance. They pay for our cell phones. Free backpack when you start (looking at you Google). In SF we get $150/month lyft credit and $100/month cummuter subsidy card for bus/trains/parking. Lots of other stuff I'm missing, ask your recruiter for more. Perks/benefits are extremely good here, much better than Uber, and we get stock refreshers unlike lyft
    Hope you decide to join us :)
    Mar 7 5
    • Microsoft / Eng
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      OP
      Thank you for the detailed response.
      Mar 7
    • Airbnb / Eng caudex
      * $65/mo for cell phones. Also Lyft credit is only applicable between offices and transit hubs. Personally I like the food the most, 3 meals a day and dinner is at 6. The quality is high and there’s a very legit ramen bar along with coffee pour over stations (I’m into coffee and the equipment is legit), and espresso of course. The chefs also make a ton of their own drinks. Our office has as many as 50 taps in the kitchens. We also have volunteer time off, some kind of donation matching, two floating holidays in addition to the ones mentioned above, free financial coaching, and free or discounted entry into museums around SF.
      Mar 8
    • Microsoft / Eng
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      OP
      When you mention good food, is it for SF office?

      I felt that the food was terrible in the Seattle. At least on the interview day is was. The lunch buddy mentioned that food isn't great.
      Mar 8
    • Airbnb / Eng caudex
      Sorry, I didn’t see Seattle at first. Yes this is for SF
      Mar 8
    • Microsoft / Eng
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      Microsoft Eng

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      OP
      Ok thanks!
      Mar 8
  • Apple dday
    Mind sharing your interview experience?
    Mar 7 4
    • Microsoft / Eng
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      Microsoft Eng

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      OP
      One of the best interview experience. Next one close is Facebook. And this is comparing amongst these on-sites - Qualtrics, Amazon, Indeed, Snap, Google, Pinterest & Apple.

      Reasons:
      1. Fastest response times - got phone screen result in 7 minutes(yes 7 minutes!!). Onsite feedback the next day.

      2. Transparency: after my last round of onsite, the recruiter already told me in my closing 15 minutes which rounds have hire or strong hire (except the last round which had just happened).
      Mar 7
    • Apple dday
      How many competing offers ? What was the prep strategy for Airbnb ?
      Mar 8
    • Microsoft / Eng
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      I didn't prep specifically for Airbnb. I planned for doing all the on-sites in one go. Prep was mainly just leetcode for the last few months.

      Current offers from Qualtrics, Indeed, Airbnb. Still waiting to hear from a few others but mainly waiting to hear from Facebook at this stage.
      Mar 8
    • Salesforce / Eng
      ATMb06

      Salesforce Eng

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      ATMb06more
      What position did you apply for?
      My experience has been the opposite: waited over a week for feedback on my first phone screen, which the interviewer told me I did “perfect”, only to find out from the recruiter that I needed to do a second. The second interview asked me the same questions as the first, but a different coding problem. Been a few days and still haven’t heard back. Quite odd.
      Mar 8
  • Cruise Automation Tc350_4yoe
    I like the $500 travel credit
    Mar 7 0
  • Airbnb perryatron
    1. After annual review you will get rsu refresh L5 meet will be $170k-180k vested over 4 years. You can ask recruiter about the details. 1/4 of it can be paid to you in cash in the following year the rest will be rsu in your fidelity account. There are also cash bonus now which depends on company performance. We got 0.92 of the full bonus in 2018, which for L5 will be 0.92*.2*base.
    2. Stock is currently valued at preferred stock price at our 2017 funding round which is significantly lower than the current 409a value so i would say it’s under valued even compared to a very conservative 409a valuation.
    3. Benefit is good. We have free meal snack boba quarterly offsite. Commute cell phone stipend Lyft credit for headquarter employees, pretty generous maternity/paternity policy, beautiful offices, Roth Backdoor, 50% match up to 6% of your pay check which includes base, (even sign on) bonus. What else? Or $500 travel credit per quarter for every employee to use on Airbnb
    Mar 7 3
    • Microsoft / Eng
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      OP
      Thank you for all the info. I'm definitely going to get all the info from the recruiter as well.

      Do you know what's a reasonable L5 offer expectation? My interview went quite well.
      Mar 7
    • Airbnb perryatron
      For sf, I think base is $190-210? Stock can be 600-800k. Seattle should be close if not same. Good luck with your negotiation
      Mar 7
    • Microsoft / Eng
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      Microsoft Eng

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      OP
      Thank you.
      Mar 7
  • Microsoft fAuj64
    What's your level at msft?
    Mar 8 1
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      64
      Mar 8
  • Microsoft
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    Microsoft

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    How was your final offer?
    Mar 9 0

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