Onsite interview at opendoor
I have an onsite interview for software engineer position in the next few weeks at opendoor. I am wondering if there is still any significant upside given the recent funding and valuation. What is everyone’s opinion on blind abt joining the company now? Current tc: 250k Ex: 4 yrs
Already series E and SoftBank round. The next exit is either IPO or get acquired. I don’t see it happening in years.
It happened
Big funding rounds and usually bad for new employees. It usually translates to options with very high stike price. If it goes IPO and then the stock falls in value, you end up with a big ol' goose egg. 🥚🥚
OD has RSUs so no high strikes- the RSUs are yours once they vest (don’t need to “buy” like with options) I think more asking what current team sees as the growth for the next 2-5yrs is important. If it’s still exponential (I.e. 3-5x) prob still worth it. You should decide if you believe in the business potential.
Did you get the offer?
Which “recent funding and valuation” are you referring to?
I am sorry for confusion. I meant the funding by softbank in sept last year.
TechCrunch reported on a series e2 round that may or may not be upcoming with a bump in valuation. I don’t have any insider info here (we’ve been told “we can’t make any information public yet”) but I’ve got my fingers crossed cause it would be quite a nice bump for my Monopoly money.