Lyft PM T6/M1 offer expectation

Microsoft redant
Apr 9, 2018 17 Comments

Sorry for yet another comp expectation post but I did not find anything relevant so posting it here. I need to get back with my comp expectation for Lyft PM T6/M1 role at SF.

Current job and comp:
Senior PM @ Microsoft.
Redmond, WA.
8+ years exp.
BS in CS and MBA.
$185k (base + bonus), $30k in stocks and $20k in benefits (espp, 401k, tuition etc).
$150k unvested stocks

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TOP 17 Comments
  • Apple Gg56fh
    There’s a cost of living and state tax penalty to move to SF but but you didn’t lose any liquid $ in this transaction and gained 1.25M in near IPO RSUs. Kudos!

    They also gave you the RSU you asked for. Do you feel you could have asked for more?
    Apr 19, 2018 2
    • Microsoft / Product
      A1sTblue

      Microsoft Product

      PRE
      Microsoft
      A1sTbluemore
      That was after lot of negotiation and with counter offers from other companies.
      Apr 19, 2018
    • Apple Gg56fh
      Cool. By the way check out this thread on Lyft / Private company RSUs

      "Double Trigger RSUs at Lyft"
      https://us.teamblind.com/s/H2N0ActK
      Apr 20, 2018
  • Lyft kaisa
    You'll get a small bump in base and some 4x increase in paper money
    Apr 9, 2018 6
    • Lyft Lyftsoft
      Redant, are you kidding?
      Apr 9, 2018
    • Apple Gg56fh
      You’re looking to roughly double your comp by asking for this much. The more realistic scenario is you get a 20-25% bump and continued performance gets you decent refresh grants.

      Hey Lyft folks, What amounts would be competitive for sign on RSU and refresher grants for a senior PM
      Apr 10, 2018
    • Lyft shodan
      Asking is free so ask whatever. $1m in rsu's is totally doable.
      Apr 10, 2018
    • Apple Gg56fh
      I just read in another thread that some people at Lyft get regular refresh grants and others don’t (assuming good performance). So it might be worth negotiating for a larger grant.
      Apr 10, 2018
    • Lyft Heyehy
      LOL! OP are you out of ur mind?
      Apr 11, 2018
  • Evidera / Eng h8ywuj65
    When did Lyft open an office at the airport?
    Apr 9, 2018 1
    • Microsoft redant
      OP
      Good catch. Fixed
      Apr 9, 2018
  • Daimler BuildItRed
    So what was the offer
    Apr 19, 2018 2
    • Microsoft / Product
      A1sTblue

      Microsoft Product

      PRE
      Microsoft
      A1sTbluemore
      $240k base, $50k sign on and $1.25M RSU over 4 years. Supposedly this is the cap for T6/M1
      Apr 19, 2018
    • What would be an equivalent offer at FB?
      Apr 19, 2018
  • Apple Gg56fh
    Why give them a number? I would first ask them what the salary, bonus and RSU range is for this role at Lyft in SF.

    Also, are you at the offer stage or pre-interview?
    Apr 9, 2018 1
    • Microsoft redant
      OP
      Offer stage
      Apr 9, 2018