~ same TC after tax
Worse benefits at Credit Karma
Paper money (Credit Karma) vs (some) RSUs and ESPP (PayPal)
Worth it to take TC, benefits loss to work at CK?
~ same TC after tax
- Drift VMx00Lol at not “getting” CK. I guess in Silicon Valley it’s difficult to understand a tech company that is wildly profitable. Better to get that job at Uber, Wework or some other fraud company offering a big TC based exclusively on one sketchy investor’s made up valuation.
- Drift VMx00That’s why it’s the secondary market...go make some friends in private banking and you’ll see CKs real valuation, not the $12-14 on Sharepost which is close to an arbitrage situation because the buyer can flip almost instantly for 20-30% higher.
In that order are the hottest secondary market companies at the moment.
There is also a SPV formed that is buying equity in an Australian company that CK will likely acquire, backdoor way to acquire shares even cheaper with the risk that it doesn’t go through.
Flagged by the community.
- Samsung chajimogo2moreI don’t really see the draw of credit karma. Sure it’s a step up from credit sesame for example but I think PayPal is much more stable, considering that the current economy is likely going south in the near future.
- PayPal paypal1111Both companies are wildly profitable, worked at P2P before, credit Karma probably had the best business model in that space, no one was making money other than credit karma, and they easily control the traffic from the lenders. I’m a strong believer in both companies. But end of the day, the team/manager and what you do matters the most, so I’d say how you feel about those matters more than the money piece, especially it doesn’t sound like the two offers are wildly different
- Amazon KRONjobThey are both weak. Can you Leetcode a bit harder and try for some more companies?
If you can't do it for some reason due to circumstance, then join PayPal because they have amazing WLB. You'll have plenty of time to Leetcode out.
- PayPal location is shit. If you’re under 57, you’ll want to live in SF.
- If you are discounting the stock comp from CK as paper money then I would say there is not much point going there for monetary reasons. If you feel there is a good chance those paper shares will be a significant amount then there is good reason. If CK is successful those shares can be 2x 4x 8x etc. But PYPL stocks will grow gradually and slowly (that is what is expected from large public companies)
- If you need the higher non paper tc of PayPal in coming 3-5 years then go with that. If you can wait for potentially higher payouts of future CK stock then come over.