Tech IndustryJan 29, 2019
FacebookIFeR20

Cruise SWE new grad offer

Cruise new grad SWE for their Seattle office: 129k base 75k/4 RSU (private equity) 10k signing 18.75k bonus How is this offer? Stock seems quite low, but does the future of Cruise look promising enough to be worth joining?

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Tableau Zero Cool Jan 29, 2019

Actually 75k is pretty standard if it were a public company. Msft is giving out 75k and I think other fang have something similar

Amazon TheAmazone Jan 29, 2019

FWIW Amazon new grad offer for Seattle falls around 140-145K Year 1. So even if you discount all your stock due to illiquidity, you’re still par for the course. That being said, Cruise is a well funded startup that should probably have the means to up the numbers a little bit, especially if you have competing offers.

Snapchat Ffbqr6w8 Jan 29, 2019

Cruise is owned by GM

Amazon TheAmazone Jan 29, 2019

Woops, totally slipped my mind! Hard to keep track of which companies are just under an umbrella 😅. I'd say compensation is quite reasonable given that

Wish rocksolid Jan 29, 2019

you forgot bonus which is probably 30% of your base

Facebook IFeR20 OP Jan 29, 2019

Updated. But it's not as much as 30%

Wish rocksolid Jan 29, 2019

Hmmm, okay. But overall not a bad offer. Try to get a competing offer!

Amazon newgradhel Jan 29, 2019

I thought Cruise was owned by GM. How/when will their equity become liquid?

Facebook IFeR20 OP Jan 29, 2019

They are but they have their own Cruise private stock. Probably thru IPO

Amazon newgradhel Jan 29, 2019

How will that become liquid?

Cruise Automation jefeb Jan 30, 2019

For seattle this is a really good offer.

Cruise Automation dfSN73 Jan 30, 2019

That looks like a solid offer. You could probably get away with asking for an RSU bump if you feel like it'll make you happier.

Amazon Cftgcssr Jan 30, 2019

How was their interview?

Cruise Automation cvW930$zx Feb 6, 2019

Looks like a really good offer.

Cruise Automation wellyeah Feb 9, 2019

Jelly that you got a signing bonus as a new grad, and I didn’t working in the industry for almost 10 years. Looks like a great offer though

Cruise Automation jefeb Feb 19, 2019

Heard from the director that we arent giving any new grad offers in seattle...?