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I am having to decide between these two and I would appreciate your thoughts and suggestions regarding this, esp. because Blink health is an earlier stage startup compared to Uipath and hence carries more risk. My risk tolerance is high but what I want to understand is which one carries a better risk vs reward profile. Both offers are for the Greater Seattle area. Blink health Title: Sr.SDE Base: 175K Sign on - 50K first year, 25K second year Stock options: 5000 options currently valued at $39 each (but soon to become $100 after the next funding round, as informed by recruiter) Vesting schedule - over 4 yrs TLDR TC over 4 yrs: cash($225K, 200K, 175K ,175K) stock option(125K, 125K, 125K, 125K) Uipath: Title: SDE II Base: 160K Signon: 30K for the first year Bonus: avg 20% of base = 32K Stock: $250K worth at current valuation Vesting schedule - Starts vesting every month after the first year, over 3 years TLDR TC: cash($222K, 192K, 192K ,192K) rsu worth(0, 83K, 83K, 83K) Current: L5 SDE at Amazon TC: $228K Yoe: 6 yrs (after masters)
Read this and decide for yourself. https://www.bloomberg.com/news/features/2019-04-04/blink-health-s-plan-to-shake-up-the-online-drug-market-got-messy If I were you, I would pay attention to the Glassdoor reviews about the toxic culture. Be careful.
look. i'm not here to be some company defender or anything because like most companies, Blink has some issues but it's easy for someone to read one review and make general assumptions about a company. It could've been an angry former employee or not. there are many positive glassdoor reviews there too. I'm an engineer. I've been here almost two years. I wrote one recently. The culture is ok not all sunshine and rainbows but also not "toxic". Also we can play the article game. here's some good ones: https://www.businessinsider.com/blink-health-online-pharmacy-prices-2018-11 https://www.forbes.com/sites/danieldambrosio/2019/05/23/blink-health-taking-on-big-pharma-to-democratize-drug-prices/#31b5beed46dc https://www.city-journal.org/new-technology-could-reduce-drug-costs I'm sure we can find negative reviews and articles about whatever company you work for.
Also, I just read the "toxic culture" review. You do know that was posted by a CX associate right? You know they are the hourly employees that answer customer calls, right? similar to an Amazon customer service reps...
Thanks for information from both sides. I've decided to accept the offer from Blink health !
Join blink - good cause ... ur financial risk is zero at this point .
Hi OP, can you describe your interview experience at Uipath? I have an onsite with them.
I had a good interview experience. A bit unusual thing is that one question involved concurrency and async processing. Other than that, they were leetcode medium to hard and a usual system design problem. Someone had posted a an interview experience on lc and one of the questions was a repeat of that. All the best !
25Million
I am curious too, op’s cash offer is very good.
I worked at blink health. They pay a lot because they have to. Definitely do not work there...
What did you end up doing ? I bet staying put would have been the best choice with the Covid-19 pandemic around. Any news about layoffs in either of these companies (UiPath and Blink Health) ?
Yes, Blink has had layoffs in NY, but none in Kirkland. They are still hiring for the Kirkland office. So, I think the layoffs seem shady. After seeing this, I am no longer sure if switching to Blink was a good move.
There is no way blink health will IPO at $100 a share. Go look at recent IPOs and make your own assumptions. I’d value your equity $20-50 a share tops.
I work at Blink. the shares value I think is on money raised so far, not IPO. if they were acquired, the pay out could be around that if not more.
Sure. The payout could be 1,000 a share. Why not 1,000,000 a share. You’d be wise to value on public actuals versus private fantasies