New Grad Software Engineer YOE: 1 Houzz stock offer: 30K rsu (apx 330K with current evaluation) - 2 year rsu lock Vesting is over 4 year.. 1/4th at the end of one year.. later monthly prorated Is houzz doing good? Are rsus worth it? Does houzz plan to go IPO soon? (Recruiter says within 2 years)
What’s your base? Which office?
2 year rsu lock is lame, does tgat mean it doesnt vest for 2 years?
How the hell does the recruiter know the company will IPO in 2 years? If it’s 2+ years out, probably nobody knows exactly when it might happen. If it’s less than that, the recruiter probably shouldn’t be talking about it. Never take a recruiter’s word for anything like this.
Houzzers.. please comment..
Which level are they recruiting you for? (L3, L4)?
Hmmm... no comment
If you’re going for the risk, ask for more stock. Don’t take the recruiter’s word for it, a recession is likely within the next 2 years which could heavily impact Houzz. Not saying they’re a bad company (I like their app a lot) but considering you’d get the same offer from G/FB, you should get more RSUs because more risk and you cant cash out now (time is money).
Lol I’ve been hearing the word recession every year since last 4 years