Stripe is the only pre IPO company worth joining

Google depress TC
Oct 6 85 Comments

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TOP 85 Comments
  • Coinbase jdndhncm
    Coinbase
    Oct 6 6
    • Citadel Securities / Eng bluetiger
      Wework Ceo strong though
      Oct 6
    • Apple Alcatrazzy
      @Citadel.. hitting it where it hurts 😂
      Oct 6
    • Microsoft
      devices

      Microsoft

      PRE
      Apple
      devicesmore
      You meant ex-Wework CEO.
      Oct 6
    • Microsoft sikerro2
      Armstrong is really lacking in various fronts
      Oct 6
    • Amazon 😁||😆
      I read the ceo of Weworks resigned
      Oct 6
  • Facebook forthegram
    Airbnb has great TC, WLB is good, it’s not solving anything interesting so you can rest and vest, and it has much more broad brand appeal across different demographics.

    Stripe is good. Airbnb is good. Everything else... pass.
    Oct 6 7
    • Google depress TC
      OP
      I don't think Airbnb will go up before IPO, will probably drop a bit at IPO and then maybe plateau after IPO. Stripe has already gone 7x in less than 3 years and shows no sign of slowing down with so much room to grow... it can take over Brex,Plaid,Square,and more
      Oct 6
    • Facebook forthegram
      @f3g without doxxing him a friend went from $250k TC as an IC6 to $525k TC at Airbnb.
      Oct 6
    • Amazon keuehdk
      Isn’t 250K TC too low for IC6? Even IC4 gets 200K.
      Oct 6
    • Facebook forthegram
      Depends on role at FB. Eng isn’t the same scale as Design which is also above Research.
      Oct 6
    • Facebook hinge
      250Tc at L6 is even low for Design and Research. 525TC though if larger portion is cash is really good for those two roles
      Oct 8
  • Uber fistulum
    Airbnb have no significant technical challenges. Not sure Stripe do either.
    Oct 6 3
    • Google depress TC
      OP
      sry dude, dont care about 'Technical Challenges', but i do care about something else (has the same initials).
      Oct 6
    • Uber fistulum
      If you're early in your career, as you obviously are, you should be looking for opportunities to learn rather than earn.
      Oct 6
    • Symantec Anykze
      You learn a lot at uber huh
      Oct 10
  • Fast Enterprises / Eng nskcjx4
    Airbnb is legit. They have a business model that actually generates profit unlike Uber
    Oct 6 5
    • Google depress TC
      OP
      doesnt matter if it generates profit, right now the DEFAULT for tech IPOs is to go down. Airbnb is slightly over valued and isnt high enough growth to give significant returns from the IPO
      Oct 6
    • Airbnb bradygronk
      Hard to call a company which hasn’t had a funding round since 2016 overvalued :)
      Oct 6
    • Google depress TC
      OP
      well, even if nothing has changed, the general market can change to value tech IPOs as a whole less. which is exactly what has happened
      Oct 6
    • Airbnb bradygronk
      I agree with your thesis that tech IPOs are valued lesser by the market today. That said the upside will be significant from the last funding round since there has been no new valuation event (though probably not as much as it could have been had the markets been favorable)
      Oct 6
    • Google depress TC
      OP
      ok, i see what you are saying, i wish you best of luck & high tc.
      Oct 6
  • Airbnb githacker
    Robinhood?
    Oct 6 6
    • Google depress TC
      OP
      good one
      Oct 6
    • Deloitte / Other Gfes23
      What’s wrong with robinhood
      Oct 6
    • Google depress TC
      OP
      - No moat
      - Profitability
      - Time to IPO
      Oct 6
    • Airbnb githacker
      How do you know it’s profitability? And they seem to want to ipo soon right?
      Oct 6
    • New kdogpi
      now that all the other stock brokers are commission free theres no reason to use robinhood anymore for any somewhat serious investor who has real capital
      Oct 6
  • Rubrik brikboi
    Rubrik!!
    Oct 6 13
    • Google bigtitty
      (Plus 15% bonus for CME but can be >20% if you do super well)
      Oct 6
    • Google depress TC
      OP
      F/G stock can go to 250/4yr
      Oct 6
    • Amazon catowayne
      Yes Fb, Stripe, Airbnb will pay and promote the top. But even if you have exceptional TC for your level, the rest will be slow to promo and put you at bottom of next level. Then these startup companies will be able to 100% match when your TC becomes average for the level.
      Oct 6
    • Google depress TC
      OP
      quick promo doesnt matter for the reasons you listed. If you get 220 new grad at F and then quick promo internally to L5 in 3 years, they will give you lowball L5 TC. Now when you apply to other companies like G, they see you have 3 yoe (they dont care about your quick promo) and downlevel.
      Oct 6
    • Salesforce srt0
      You guys do not know much on pre-ipo companies. Pre-IPo company pay in terms of options and depending upon how far they are from ipo they can go anywhere from 2X to 4X or even more.

      Regrading Rubrik, they have milked too much and valuation is not justified, I think they will struggle, they make revenue by hardware sale, they can not be seen in terms of SAS or consumer facing company.
      Oct 7
  • WeWork RPvk36
    Affirm/flexport/alto
    Oct 6 2
    • Facebook f3g7Sa7M
      What kinds of eng do they hire
      Oct 6
    • Google depress TC
      OP
      wtf is alto ?
      Oct 6
  • WeWork RPvk36
    What about cruise? They are hiring like crazy..
    Oct 6 3
    • Facebook forthegram
      They’re not market ready and low infiltration. I can see them being purchased by another company looking to add to their portfolio.
      Oct 6
    • Facebook tech19
      @fb they were already purchased by GM right?
      Oct 6
    • WeWork RPvk36
      Gm divested . And they got 2.5b from softbank..
      Oct 6
  • Amazon catowayne
    Samsara, Discord, Nuro, Aurora, Brex, Scale AI?
    Oct 6 6
    • Amazon catowayne
      F=no WLB, AMZN=lowish pay, bad learning in current team, high risk of no WLB other teams, N=high pip risk, G=underlevel, so lowish TC, slow promos. Yes, all these companies have 3-20x more people who went F/G->them, than them->F/G. They can pay the same but have more growth potential in the companies equity and in your role which can promo quicker and become possible directors
      Oct 6
    • Google depress TC
      OP
      Proof they can pay the same? If they can pay the same, then I agree with everything you say, but in my experience they pay like 70% of what faang pays and a lot of it is in paper momey.
      Oct 6
    • Facebook udaJ27
      Of course there are a lot more ppl going from F/G to there than the other way around. There are a LOT more people working in F/G.
      Oct 6
    • Amazon catowayne
      There are a LOT more people working in Amazon than F or G. Think the same ratio applies? It doesn’t. A LOT more people in a company means more flow between companies, doesn’t change the RATIO (barring very new companies not having a couple years to go X to NewCo to F/G)
      Oct 6
    • Facebook udaJ27
      My point is simply looking at number of people going from company A to company B doesn't necessary mean people prefer B if A is much bigger.

      For example, if A has 10k employees have B has 100, and 5% of employees from each company want to join the other, you will see more people going from A to B assuming they B is growing at a healthy rate and not having a hiring freeze.
      Oct 6
  • Facebook / Eng UxhD03
    Unity
    Oct 6 2
    • Google depress TC
      OP
      Can they compete with FANG tc? Would be legitimately interested in them if they could.
      Oct 6
    • DoorDash grdbnoknhj
      Unity interview sucked. Clueless interviews. Pass.
      Oct 6
  • Amazon chaitin
    Databricks?
    Oct 6 1
    • Google depress TC
      OP
      its not bad, but not great. I would choose FANG over databricks (unlike stripe)
      Oct 6
  • WeWork lumber
    What about Plaid?
    Oct 6 1
    • Google depress TC
      OP
      Plaid is good as well, but not that many people know about and also no moat (I may be wrong?)

      I would join plaid if they could compete with my current offer 230K offer for new grad.
      Oct 6
  • Amazon getthat$
    Quora, can compete with 200+ new grad TC.
    Oct 6 2
    • Google depress TC
      OP
      Will quora ever ipo? Is it even doing well? I will look into them, thanks.
      Oct 6
    • Amazon getthat$
      Heard going to IPO in not too far future however thats vague wording so idk lul. It seems theyre doing well though, very high interview bar GL
      Oct 6
  • Intel LvOT55
    Confluent.
    Oct 6 1
    • Salesforce srt0
      should get 3X from last valuation round.
      Oct 7
  • Microsoft unfanged
    Bloated valuation
    Oct 6 0
  • WeWork RPvk36
    How about segment?
    Oct 6 2
    • Google depress TC
      OP
      would you really join segment over fang? Do they match fang comp?
      Oct 6
    • WeWork RPvk36
      I don’t know much about them, but I see their billboards
      Oct 6
  • Pinterest NewGr@d
    Asana?
    Oct 6 1
    • WeWork RPvk36
      They have been going for so long now without an ipo
      Oct 8
  • DoorDash cmonnn
    Doordash
    Oct 6 1
    • New
      chilled

      New

      PRE
      PlusAI, Inc.
      chilledmore
      You work at Doordash. How's the vibe and any plans to go IPO next year?
      Oct 7
  • Credit Karma Señor SWE
    Credit Karma NUMBA ONE
    Oct 30 0
  • 23andMe LGDQ26
    23andMemes
    Oct 6 0

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