Stay at Goldman vs Squarespace or Datadog

Goldman Sachs / Eng iOnm38
Feb 16 29 Comments

Currently a mid level engineer on a client facing tech team at GS but have been interviewing around to gauge the market and see what else is out there as I'm getting tired of finance.

TC for 2018 - 200k (140k base + 60k bonus)
Base for 2019 - 151k
YOE: 3.5

Managed to land offers from (base/bonus/stock per year/sign on):
1. Squarespace - 151k/0/$18k RSUs/20k
2. Data Dog - 160k/0/900 options/20k

Also had offers from:
1. Jet - 130k/15%/5k/0 - but were not willing to negotiate up from there
2. Amazon (NYC) - but they downleveled me to SDE 1 and therefore we'rent able to match current TC due to pay bands

Logic is telling me to stay at GS for another year for TC or passively interview at other Big N companies in NYC this year.
Just trying to get feedback from this community as to whether that's the right decision here given that I'm looking to move from finance.

Thank you in advance for your input!

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TOP 29 Comments
  • OnDeck GPgj02
    Squarespace looks like a depressing place to work
    Feb 17 2
    • Goldman Sachs / Eng iOnm38
      OP
      Was not getting that vibe from the on-site but I'm sure it can be depending on the team
      Feb 17
    • OnDeck GPgj02
      It's a CMS. The people don't look happy to be there. When you hear them talk, they just keep re-org-ing by splitting teams. I doubt there are many growth opportunities.
      Feb 17
  • This comment was deleted by original commenter.

    • Goldman Sachs / Eng iOnm38
      OP
      Thank you. I think the team at Datadog has more potential for growth from what I can see.

      But do you think the paycut I'd potentially be taking would be worth that?
      Feb 17
  • Veritas screwvtas
    Are you on marcus at gs?
    Feb 17 1
    • Goldman Sachs / Eng iOnm38
      OP
      Nope sorry not on Marcus, but they do have a great team over there.
      Feb 17
  • Bloomberg kpij38
    I’m at Bloomberg and it’s pretty great. Was at Goldman and Bloomberg is way better as an engineering org. However comp is not as good as FANG since we don’t have stock
    Feb 18 0
  • OnDeck max2387
    How about Bloomberg and trust me it's not a finnacial company
    Feb 17 0
  • priceline.com / Eng blindeee
    Did you join Datadog then ?
    Mar 8 2
    • Goldman Sachs / Eng iOnm38
      OP
      Ended up staying at GS for the time being. Will try to get better offers later this year or early next year
      Mar 9
    • New / Eng 1do7Rz
      op what kind of info do u get about options at datadog.. any of strike price, expiration, internal stock valuation etc?
      May 7
  • Squarespace / Other
    adafis

    Squarespace Other

    PRE
    Facebook, Microsoft
    adafismore
    SQSP is good as a transitional workplace or if wlb is a pri. You're definitely not going to get rich working there, though.
    Feb 17 2
    • Goldman Sachs / Eng iOnm38
      OP
      Fair point for sure. Based on their equity calculator, even with an IPO soon the comp wouldn't be phenomenal by any means

      You still think it would be a better move than staying at GS though?
      Feb 17
    • Squarespace / Other
      adafis

      Squarespace Other

      PRE
      Facebook, Microsoft
      adafismore
      I think only you can decide that. It's a good place to be if you want to accomplish something specific, and then move on, while having a job that doesn't occupy your life.
      Feb 17
  • OnDeck max2387
    How come squarespace is offering RSUS they are a private company
    Feb 17 2
    • Goldman Sachs / Eng iOnm38
      OP
      Yes I was surprised as well. But they just started offering RSUs as of December last year. Think this indicates that they are closer to exit
      Feb 17
    • OnDeck max2387
      That will be options not RSU as far as my knowley goes RSUs are only for public company
      Feb 17
  • Amazon xb373brd82
    Pass on Amazon. It seems you messed up your design round hence the downlevel. Don't let a momentary subpar performance (given that you performed well on other interviews for similar roles) dictate your long term comp trajectory.
    Feb 19 1
    • Goldman Sachs / Eng iOnm38
      OP
      Agreed, and thanks for insight here as I was not able to get feedback from the recruiter
      Feb 19
  • Goldman Sachs / Eng Mr Scrooge
    Have you tried Facebook/Uber/Google/Twitter. Amazon also downleveled me to sde1 last year and hence they were not able to match what I was expecting. If I were you, I would keep on interviewing and try to get better offers.
    Feb 17 1
    • Goldman Sachs / Eng iOnm38
      OP
      Thanks for the response!

      FB - no response from apply yet
      Uber - got rejected after on-site last Wednesday
      Google - in a freeze until June when I last interviewed with them
      Twitter - don't seem to be qualified for any roles in NYC right now
      Feb 17
  • BlackRock Lary
    Have all of your 3.5 YOE been with GS ?
    Feb 17 1
    • Goldman Sachs / Eng iOnm38
      OP
      Yep started there right out of school in 2015
      Feb 17
  • Lyft / Eng nSJk48
    How much worth of both RSUs and options? Go for squarespace if it s a good team.
    Feb 17 1
    • Goldman Sachs / Eng iOnm38
      OP
      Squarespace RSU Grant is worth $18k a year

      DataDog Option Grant is 937 options a year with a return of $17k (likely to grow though depending on exit value)

      Squarespace would be a good team and at a level just below senior.

      You think I should leave GS either way though?
      Feb 17
  • New / Eng sparked
    With those options I’d go with datadog personally but with that and square being so close offer wise I’d come down to the specifics of the role. Putting in another year at GS really doesn’t buy you anything as far as building your resume goes and unless you are still actively learning and gaining experience you’re not improving you odds at landing T1 companies.
    Feb 17 1
    • Goldman Sachs / Eng iOnm38
      OP
      Yes, regarding specifics of the role - DataDog has more interesting work and more potential for growth I'd say.

      And you really hit the nail on the head regarding staying at GS another year. So do you think that moving and getting different experience would help with landing T1?
      Feb 17
  • Veritas zVvX04
    Yes
    Feb 19 0
  • OnDeck max2387
    So accurate. I wish we had stocks
    Feb 18 0

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