Compass vs Grab
Both in Seattle, package are almost same as below: Base 180k RSU 250k/4 years Signon 30k Performance bonus: Grab 15%, Compass $70k stocks Which company should go or stay at Microsoft? YOE 5 Current Level 62
Tell Microsoft you have a counter offer and stay there.
MSFT will happily match that
Compass work culture is actually really, really good. I've been here for quite a while, and I've seen the company go through it's ups and downs wrt culture, viability, the like. I've also interviewed around many times before because I was convinced things couldn't improve. But they did and I was lucky enough to stay on board to see it happen. The company is totally different and I encourage you to give it shot; if you're looking to grow your career and work with actual people, not just coworkers or managers, you'll find it at Compass. I can't speak for grab or microsoft, as I've never worked there. I'm not trying to throw shade or sell anything, simply sharing my two cents (albeit a bit biased).
What do you think about the leadership churn? I read news reports about less focus on technology. It’s concerning when executive leadership heads for the exits pre-IPO.
Interesting on your perspective on Compass. Do you think the Compass Concierge is going to take the company to the next level. I think marketing center helped otherwise I still think collections is a big fail and the search functionality is still terrible. I admittedly use streeteasy.
Streeteasy is very nyc specific, and I would agree with everything that you've said. Compass Concierge IMO is focused more on the customer support and operational aspects of our business model - and it is pretty damn ingenious. That being said, will it take us to the next level? Well, in terms of technology value, obviously not; it has nothing to do with our tech products. Marketing Center is one of the only products that looked at a user problem and solved it; other products appear more like a solution looking for a problem e.g. Collections. I think Deals, Search, Agent Home, Contacts, CRM, Finance Center, and Insights are all technologies that can be great products solving their own niche problem, but we lack organic user adoption and we haven't really had the chance to iterate upon them to have these products actually realize their value. This was a frequent misstep that leadership seemed oblivious of or consciously ignoring whenever they looked at dictating company prerogatives and direction. And while I can't say they made the best decisions, they prioritized the business first, which brought the money in. We're now starting to see the inflection point wherein they are actually focusing on having our tech products deliver real value. The main inflection point where we see our tech as actually being valuable is when we have technology improve agents workflows, and, to a lesser degree, consumer workflows. What I think people get hung up on is the "tech-powered" aspect of our modern "tech-powered" brokerage branding, and correctly so. How big of role will we actually be able to realize in tech for agents workflows? We're not at a point where I personally feel we've proven our worth and justified our valuation. But, the awareness is there, and, from the transparency and subsequent actions leadership has taken, we have clarity and are moving the company unilaterally towards this goal of proving tech is actually valuable to agents. Compass is special in a sense in that we built a business first and now need to prove the technology provides real value. Usually things go the other way: build great product and prove the business. In the next 2 years, we'll have an answer to whether or not Compass will be a big player in tech and real estate space, or just another overvalued company. I honestly think we're at an extremely exciting point in this company, and while some may jump ship because of FUD, I'm gonna ride it through; we've weathered plenty of major storms, but will we breach the thick fog and find the promised land? Fuck if I know, but I'm gonna see where this ship takes me.
I like you answer and it’s really thought out. I’m on the same ship with you but and also a a pretty deep understanding of all of these items. What’s up with deals/ saved search and collections. So much potential but these products literally don’t work well. Organization for agents I think would create more money for the company in general. Why aren’t they focusing on the non sexy parts of the business?
It's more a matter of time and resources than anything else. We're probably caught up in various promises that take away resources from our products; I think we are trying to double down now through IPO. And, I think we'll get there. Our financials are solid irrespective of our valuation.
What’s your role at Compass?
wow very interesting take. I hope you are a manager here and I get to work with you
What level is this at Grab? G5/L5?
Current TC?
Around 200k