OfferUp vs Uber offers
Hey, I got an offer from OfferUp (150k base and 300k worth of stock options) but the offer deadline ends before I can complete my process with Uber. I have 4 years of experience, will Uber match this offer? Also have an offer from Microsoft: Level 62: 142K base(plus bonus upto 20%), 40K sign-on(over 2 years), 125K stocks (over 4 years) TC: 193k + bonus
This is a time when you can learn the important lesson that offer deadlines don't mean shit. Be respectful though.
haha. thanks.
Put yourself in their shoes. They interview a ton of people. Are they going to reject you because you want to take two weeks more to make a serious life impacting decision. Not unless they hire someone else and fill the position. So there's a bit of a risk here. That has never happened to me though. But it's important to still communicate that you're interested in the position, don't tell them I have better companies lined up. It's all business and negotiation, nothing unusual. A company negotiates like crazy with customers, vcs, vendors. Nothing is set in stone.
Avoid OfferUp at all costs
Probably, check out the level for Uber from http://levels.fyi
Doesn't have any numbers for uber Sde2
Oh true
I’d want way more equity if I was joining a firm like offer up. That’s a big risk compared to a public company or even a unicorn like uber.
Offerup stock options don't mean shit. Until it is public, it is worth as much as a piece of toilet paper.
You realize that the people who left had vested stock and cashed out right? You're ignorance is next level
Sure you can exercise them. What do you do next with the piece of paper they gave you? You can't just "cashed out" if you can't sell it to anybody. Yes, you can put it in a secondary market, which requires someone to be INTERESTED in purchasing them from you. Please think about what you said and do more research before embarrassing yourself please. Idiot, don't call others ignorant if you yourself are ignorant. Don't be a fucking keyboard warrior.
Stock options mean nothing if you have no one to sell it to. In my previous company, I had stock options too, but when it came time to being acquired, the founder sold it cheap and my options cashed out to a few hundred dollars only... lol But your 150 base is a decent offer depending on your level of experience. FAANGs can definitely match that plus cash bonus and stocks that actually mean something
You nentioned one possible scenario, the othet is that it goes for a good IPO then it might be worth even more. So have to evaluate it somewhere in the middle IMHO.
Yes uber can beat that. You can accept offer up as a backup and then tell them the offer is down when you get a better one and walk away.
Avoid offerup. I think it's possible Uber matches your base for L4. Or TC will be higher.
Offer deadlines are closing tactics and can be ignored. Also, startup stock is paper money and should be heavily discounted. MSFT may financially be the best choice depending on your risk tolerance. Tell the people at Uber and MSFT that you have a good offer from OfferUp that you’re excited about that has a deadline and that they need to hurry their asses up. When you get numbers, use the highest of base/stock/total comp to negotiate better numbers.
Ok, thanks for advice :)