Uber 5a new hire equity grant

Google / Eng i-am-stud
Aug 14, 2018 22 Comments

Can one get 1M worth stocks (25000 units). I have very strong competing offers. If not, what is the max range?

Current TC 350K

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TOP 22 Comments
  • At 5a? Fuck no. Maybe at 6.
    Aug 14, 2018 7
    • Google / Eng i-am-stud
      OP
      What is the max 5a stock grant you have heard?
      Aug 14, 2018
    • 15000 if you’re lucky
      Aug 14, 2018
    • Google / Eng i-am-stud
      OP
      Lol then Uber's TC will be lower than my current TC. Above that I have strong offers from other companies.
      Aug 14, 2018
    • Microsoft BoxSoft
      Sick dude
      Aug 14, 2018
    • New IOGD88
      What is 5a and 6 ?
      Aug 14, 2018
    • Uber / Eng bag
      5b can get 1 mil. For 5a it may not be possible but you can try.

      Note that there could be a bump on IPO. You are using current valuation which is on the low side.
      Aug 15, 2018
    • So go to the other companies then
      Aug 15, 2018
  • Uber djnejsi
    15k is about right if you have good competing offers. Also you are right sometimes it doesn't make sense to switch if you are from Google or FB. Lot of companies out there cannot match your current TC.
    Aug 14, 2018 4
    • Uber djnejsi
      But how will it be lower than the current tc? 15k stocks is 600k at current 409a. So 170k base + 150 stocks+ 30k bonus is about 350k. Plus you get about 100k in refreshers. Also if you believe at IPO there will be significant upside then your TC will be way highr
      Aug 14, 2018
    • Google / Eng i-am-stud
      OP
      Yes almost same as my current TC. but Uber stock is paper money until it ipo.
      Aug 14, 2018
    • Uber / Eng bag
      Paper money only for about 1.5 years. Anyway you will have a 1 year cliff so it’s not paper for much long.

      At IPO, stock is very likely to increase. Small bump is definite, large Is very possible but not guaranteed.

      So if you like Uber’s work (I do) it’s still worth considering to move to Uber at roughly same TC.
      Aug 15, 2018
    • Google memegen1
      Don't count on stock bump post ipo..
      Aug 15, 2018
  • Uber Hchfufu
    Give it a shot regardless. Hopefully Uber will do what’s necessary to give you a competitive offer.

    Source - EM at Uber
    Aug 14, 2018 3
    • Google / Eng i-am-stud
      OP
      Does exception need approval from CTO? How long can this exception process can take? Your reply can really help me
      Aug 14, 2018
    • Uber / Eng Goody
      If you’re really just chasing money - it might be better not to join at all ( Uber’s comp philosophy has changed a lot). Also, at current valuation of stock it’s unfair to compare TC, since growth of Uber equity is going to be (arguably) higher than other similar competitive offers. If that’s not true - you should be joining that other company with higher growth potential anyways.
      Aug 14, 2018
    • Uber Hchfufu
      He’s not an investor who can gauge growth potential amongst companies (arguably investors can’t either).

      OP like I said interview and get an offer. We are more than capable of getting the right comp for the right candidates
      Aug 15, 2018
  • Your expectations are unrealistic for a private company, especially vs outliers like FB and Goog. There is IPO upside that will require you to take a short term hit for a mid term bump. Sorey, that's pretty commonly accepted.
    Aug 14, 2018 0
  • Salesforce Quitforce
    How many YOE?
    Aug 14, 2018 1
  • Uber zgNA37
    18000 is high end of L5a as far as I know
    Aug 22, 2018 0
  • If you are google L5 with 6 yoe you should be pretty good. You should also interview other companies.

    Given that, Uber’s valuation is extremely underestimated, at least this is what I believe. If you don’t believe this you better stay at google.
    Aug 15, 2018 0

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