CompensationOct 8, 2019
Walmartdroid007

Grubhub offer

Hi, I have a grubhub offer for $190k and 400k stocks over 4 years( so the yearly TC would be 190k + 100k in stocks). Wondering if I should take it. Grubhub does not have any bonuses. No signon bonus. What's the best offer to negotiate. Current TC : 190k + 20% + 60k stocks. YOE - 15Y Location : NYC

Add a comment
Dell pixies Oct 8, 2019

YOE?

Walmart droid007 OP Oct 8, 2019

15 y

Uber Hotwheelz Oct 8, 2019

Seems like a good idea. Even if their stocks dropped by 75%. You will still come out ahead.

Amazon cofkrkf Oct 8, 2019

how would 75% drop be ahead

Walmart droid007 OP Oct 8, 2019

Just calrified in the post, the stock vests over 4 years

Airbnb not🌭 Oct 8, 2019

The best way is always with an offer, from a competitor preferably

Groupon grpncpn Oct 8, 2019

Location?

Walmart droid007 OP Oct 8, 2019

NYC

Amazon cofkrkf Oct 8, 2019

any signing bonus? annual bonus?

Walmart droid007 OP Oct 8, 2019

No signon bonus or annual bonus

Amazon cofkrkf Oct 8, 2019

pretty much same as ur current TC right

Dropbox tKDR12 Oct 9, 2019

Seems low for 15 yoe

This comment was deleted by the original commenter.
Expedia Group ioness Oct 9, 2019

Isn't grubhub already public?

Amazon tech69 Oct 9, 2019

Lol it is so I'm not sure what's in OP's tea

New
VeoQ04 Oct 9, 2019

Seems low for 15YOE what position were you interviewing for? Did you try direct competitors such as DD (who overgrew them this year) or UberEats? (Honestly from the 3 - DD all the way)

GrubHub Wepd08 Oct 17, 2019

If DD has outgrown GH or Uber then they would’ve gone public by now. They haven’t outgrown anyone since they don’t get consent from restaurants to sign up and lose money on every delivery. Whereas GH gets contracts with restaurants to negotiate fee and makes profit for each delivery

New
VeoQ04 Oct 17, 2019

They charge service fee which Grubhub doesn’t It doesn’t matter how you get the growth - as long as you get it. They just found an alternative model. Plus they do have the consent of the places. Just a different relationship There are multiple public articles saying they did outgrow you guys plus they seem to be expanding also on last mile delivery and white labeling deliveries for multiple chains... gotta say it looks like they caught you sleeping in growth

Walmart droid007 OP Oct 15, 2019

Does grubhub have bonuses?

GrubHub iguEv8tb Oct 15, 2019

Nope. Just RSU refreshers. And there is hardly any salary adjustment at year end.

Walmart droid007 OP Oct 16, 2019

Thanks, how much are the refreshers ?

GrubHub iguEv8tb Oct 15, 2019

They'll negotiate, ask to see the benefits booklet and then push for more based on the higher cost for health insurance. Who knows what'll happen to our stock when doordash goes public and they are no where close to making money. We make money...