Have offers from both. Base salary is the same. Amazon however offers sign-on cash + their stock. Offerup being a startup offers options which I don't really know how to value. Amazon is not AWS, if that matters. Both projects seem to be interesting and I liked the people from both teams. Thoughts?
Pay attention to OfferUp options. When you leave you need to purchase the options within 90 days or you lose them. They probably won't be IPO for a while, so you are very likely to be stuck there. Is OfferUp where you see yourself stay for the next 5 years?
And OfferUp does not have bonus
I’ve heard good things about OfferUp. Great work environment, very smart people, and the pay isn’t terrible. Amazon is the inverse.
Oh please
It doesn’t matter which startup you join but I wouldn’t count options as worth anything unless you’re employee 20 or less. But further, is OfferUp growing?
May not worth a lot. But if you are employee number 100 you might still get 0.05% of the company. It can still be in the million range when ipo.
OfferUp would have to be valued at 20B for that to happen. Currently 1.2B. Not saying it can’t happen but the odds are not in any startup’s favor, especially when you consider the space they’re in and the competition OfferUp faces.
I heard a bunch of managers from Microsoft has joined OfferUp. The product they used to manage is the second worst product in MS history : Skype for business.
lol I agree and I can tell what they brought here
What’s the roles?
Recent story out from The Information on OfferUp struggling to raise money over the last few months. Amazon is def the way to go unless you are super excited about people selling random crap to each other.
Link?
https://www.theinformation.com/sequoia-softbank-passed-on-offerup-investment
OfferUp will be a buy out imo
Yep. But who is gonna buy it. Cannot see a obvious buyer
Naspers...however they already invested in Letgo which also has more funding and more traction in other regions. Also they merged with Wallapop which by itself had already raised +100MM USD. I don't see a future for OfferUp to be honest.
They’re in a unique position to deliver a blow to eBay and parts of Amazon. Hopefully they’ll take the opportunity.
Can you share the actual numbers?