I received an offer from Cruise for S/W. Base: 170k Bonus: 30k RSU: 60k split over 4 years. YOE: 5 1. Help me understand how good/bad the offer is. 2. What is the approximate value of cruise stock price? 3. How can I sell the stocks once vested?
You should ask the recruiter what the 409a based stock price is and what the preferred stock price is. Your RSUs might be double trigger based. Meaning, even though the stocks vest, it is not really yours unless there is a liquidity event.
Thank you. I will talk to the recruiter and find out.
I'll save you the time. 409a is irrelevant for RSUs, only ISOs. Yes, it's double trigger. This is a good thing for RSUs, it means that you don't owe tax on vesting RSUs until they become liquid (which has to happen within 10 years). OP can you double check your numbers? Usually annual bonus is similar to annual RSU, which is not the case in the numbers you listed.
Stock seems really low.
How much do you think would be good for my experience?
Is this senior swe? Seems low compared to other companies in general.
Not sure what level it is.
Bad offer for SF. I had a much better offer from them but discarded because seemed like company is struggling with future
1 unit is valued at how much?
I was hoping to get an answer for the same question.
If your numbers are correct (ask for them in writing) then it's just dollars. I can't share stock price but there is no way it's 60k units, that would be more than the CEO makes.
Are your 5 yoe all at Apple?
No. 2 years at Apple.
Typical ic2 offer
You can probably have more. I interviewed with them and they lowballed me initially with exactly the same offer
How much more do you think I can ask for?
Which team?
What’s your role?
Backend S/W.