Lyft Seattle offer

Microsoft shortys
Jan 14, 2018 23 Comments

Hey guys 2 questions:
1) does Lyft Seattle has the same problem some have mentioned about favoured subgroups?
2) T5 offer 175k+18000rsu good?

comments

Want to comment? LOG IN or SIGN UP
TOP 23 Comments
  • Uber / Eng njfsjy
    That’s a bad offer. You can do quite a bit better on both base and RSUs.
    Jan 14, 2018 6
    • Microsoft shortys
      OP
      What are Uber offers like?
      Jan 14, 2018
    • Uber / Eng njfsjy
      I make more than that at the same level.

      Plus, Lyft is a far number 2, they have to pay a premium (and have been from numbers I’ve seen) because they are more desperate for talent to try and catch up. That’s how the market works.
      Jan 14, 2018
    • Microsoft shortys
      OP
      Could you share some numbers please, would be good to know what I am leaving on the table
      Jan 14, 2018
    • Amazon / Eng
      JustFOokIt

      Amazon Eng

      PRE
      Oracle
      JustFOokItmore
      190k base n 400k-420k total
      Jan 14, 2018
    • Uber / Eng njfsjy
      What justFOokit said sounds about right. More towards 420k/year total.
      Jan 14, 2018
  • Lyft WdaP12
    Holy fuck. They give so much these days
    Jan 14, 2018 2
    • Microsoft shortys
      OP
      I actually heard they were handing out much more stocks before. Valuation has jumped a lot since
      Jan 14, 2018
    • Uber / Eng njfsjy
      Number of RSUs will drop over time especially after new funding rounds where the valuation changes. What you should consider for comparison is the current cash value of the RSUs if they were liquid.
      Jan 14, 2018
  • Lyft Festive
    18k rsu is a little over 700k right ? Pretty good offer
    Jan 14, 2018 3
    • Microsoft shortys
      OP
      I don't know, got any info on valuation?
      Jan 14, 2018
    • Uber / Eng njfsjy
      Wait, the recruiter didn’t tell you the current 409a value in person or on the phone? Thats suspect.
      Jan 14, 2018
    • Uber / Eng shANq80
      What is your target bonus? RSU refresh at Lyft? Did recruiter mention any?
      Jan 14, 2018
  • Microsoft BigNail
    1) no. Lyft does not have politics. They all also have ponies and believe in Santa. 2) good offer, if you want to get fit: with no money comes no food, no food comes a forced diet, say bye bye to those extra 15lb
    Jan 14, 2018 0
  • Salesforce ms mueller
    Hey I am about get an offer from a private company as well. How do you evaluate the risk/rsu thing?

    I noticed that they publicize the price of the preferred stock but give you common stock? Any pointers?
    Jan 31, 2018 3
    • Uber / Eng kigftj
      Practically speaking, it’s the price of preferred that is relevant. Share prices converge on the preferred at IPO and you usually only get liquidity at IPO (unless there is a tender offer or other share buyback program)
      Jan 31, 2018
    • Salesforce ms mueller
      Thanks Uber
      Jan 31, 2018
    • Uber / Eng kigftj
      That said, you can use that discrepancy to your advantage in negotiating your initial grant.
      Jan 31, 2018
  • Microsoft foobar12
    What is current level and years of experience?
    Jan 14, 2018 3
    • Microsoft shortys
      OP
      Senior in feb, 6yrs
      Jan 14, 2018
    • Microsoft foobar12
      Do you have any competing offers? If not then this is a solid offer
      Jan 14, 2018
    • Microsoft shortys
      OP
      You got any info on the valuation?
      Jan 14, 2018