Thoughts on next steps?

Facebook Bizguy
Jun 20, 2018 15 Comments

Joined FB in a Finance/FP&A/CorpDev role six months ago. The way it looks, there won’t be much chance for growth to Director (I am L7) However I have a nice boss and working on interesting stuff overall. WLB is great. 10 YOE and Stanford MBA. TC is $430ish (may get some refreshers and stock will appreciate, so $500K in 2-3 years would make sense). I get this nagging feeling I should move somewhere smaller and maximize potential. Any thoughts ?

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TOP 15 Comments
  • Oracle GX681
    My two cents: Use that money and branch off into other areas of personal interest
    Jun 20, 2018 0
  • Microsoft liveordie
    In a small startup, you will get paid less, and you will most likely need to work more. This is all for less prestige than FB. Is this really what you are looking to do?
    Jun 20, 2018 0
  • Wells Fargo qUyB01
    Do you mind sharing what sort of experience you had prior to FB? I am looking to break into Corp Dev as well at a tech company and was just curious about the type of background that would seem relevant
    Jun 20, 2018 0
  • Facebook Bizguy
    OP
    1. Yes, but want to get deeper management experience and my team won’t ever be huge
    2. Long term want to be an exec in a smaller tech company. Wondering if staying at FB with 10+ yr experience isn’t derailing that goal
    3. Feel like there isn’t much to look forward to in terms of scope / depth of responsibilities won’t expand dramatically. Feeling like I am a highly paid and useful cog, but a cog nonetheless
    Jun 20, 2018 2
    • Amazon Tenured
      Thanks. To reach your goal, you’ll need that management experience. If you can get that at FB, then I suspect it will be a great entry for you to get in to a smaller company as an exec down the road.

      The alternative of jumping ship now is you’ll need to get those experiences in a small company, which is also probably learning how to do it well along the way. FB May be a shortcut to attaining those skills.

      Lastly, if you cannot get in to a role that allows you to grow enough towards your goals, I’d make a change.

      Lastly, lastly, I’m sure you’re not a useless cog, but if that is your feeling, you either change something now or change something later and wish you’d done it sooner.

      Best of luck!
      Jun 21, 2018
    • Facebook Bizguy
      OP
      Thanks for the thoughtful response. Those are rare here and are much appreciated
      Jun 21, 2018
  • Granular / Finance
    McConnell

    Granular Finance

    PRE
    LogicMonitor
    McConnellmore
    How many people do you manage?
    Feb 13 0
  • Oscar / Eng
    tc/gtfo

    Oscar Eng

    BIO
    Hi. I am real and I am pretty friendly. Just here for some happiness.
    tc/gtfomore
    Why do you think there is not much growth to Director? I thought facebook promotion is heavily on individual performance?
    Jun 20, 2018 1
    • Facebook Bizguy
      OP
      There are only so many directors ....
      Jun 21, 2018
  • Amazon s0007
    What is the comp range for L6 Finance managers at Facebook and L7 Finance managers in Facebook in SF?
    Nov 8 0
  • Facebook Yikgjkjjjh
    240/60/150
    Jun 23, 2018 0
  • eBay bmilly
    How does the TC break out between salary/bonus/rsu?
    Jun 22, 2018 0
  • Union Bank Ghgbgrdfgf
    Do they have a rotation program since it looks like you have done a gamit it stuff coz you either do Corp Dev or Corp finance .. curious
    Jun 20, 2018 0
  • Facebook Bizguy
    OP
    Tier 1 investment bank, PE, Stanford MBA
    Jun 20, 2018 0
  • Amazon Tenured
    Additional considerations you didn’t specifically call out:

    1. Are you continuing to grow in our role at a pace you are happy with?

    2. What are your longer terms goals, and are you growing in the areas that you need to achieve your goals?

    3. What’s at the root of that nagging feeling? Based on your post I’m guessing it’s you’re not being challenged.
    Jun 20, 2018 0

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