Uber PM compensation

LinkedIn yExC78
Jan 24, 2018 14 Comments

Super quick: I got an offer from Uber in SPM 2 role.

But my total compensation blew me away (close to double my current salary).

My numbers: base = $200
Bonus = $50 k (mostly stock)
Equity : = $300 k (or thereabouts)

This is more than I am making now. However Uber equity is not liquid while my current compensation is liquid. How does this rate? Any other PMs at Uber want to weigh in? Any other PMs anywhere want to weigh in?

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TOP 14 Comments
  • Uber Xidl
    Is that 300k over 4 years or per year?
    Jan 24, 2018 0
  • Thumbtack JtR4
    Is the bonus guaranteed? Is there a sign on bonus?
    Jan 24, 2018 0
  • LinkedIn yExC78
    OP
    Yes per year
    Jan 24, 2018 2
    • LinkedIn Hdiiebsio
      How many years of experience and what is your current title?
      Jan 25, 2018
    • Uber Ancjsjs
      Op are you a GPM at LinkedIn? That’s what typically maps to SPM 2 at Uber (you can check levels.fyi)
      Jan 25, 2018
  • Google Appie
    What is SPM 2?
    Jan 24, 2018 1
    • Xevo mQht72
      Senior Product Manager 2 maybe?
      Jan 24, 2018
  • Google durka
    Not sure if you accepted the offer but that’s pretty low. Especially in the base and no sign on bonus. Forget Uber.
    Feb 9, 2018 0
  • Uber JSPM
    It is a really good offer. What does bonus "mostly stock" mean? What percentage? There are more new SPM2 hires who haven't managed teams in the past.
    Jan 25, 2018 0
  • Uber ahemahem
    24k RSUs sounds a lot! What's your current total comp?
    Jan 25, 2018 0
  • Uber Ancjsjs
    I assume you’re citing per year equity not over 4 years. If so, this is a strong offer. It’s 24k RSUs.

    What level are you at LinkedIn right now? The expectation for SPM 2 is for you to lead a PM team.
    Jan 24, 2018 0
  • Uber JSPM
    How did you compute $300k? What is the valuation you are using?
    Which team?
    Jan 24, 2018 0
  • Uber nuutteew
    base is on the higher end, bonus is low, equity very low if it’s over 4 yrs
    Jan 24, 2018 0
  • Eventbrite mh508
    Uber is a pretty safe bet to go public and 6 months later still have the stock value be at your value. If those are RSUs then don’t worry about the illiquidity cost. If those are options then you could some illiquidity tax (reduce the equity by some % to adjust - for uber maybe -5%, for companies 1-2 years from IPO maybe -10% —20%. If there’s another uber cover-up reveled then these numbers increase for you).

    If you like the folks you interviewed with and don’t mind the constant elevator rides then take the offer
    Jan 24, 2018 0

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