Uber SWE2

LinkedIn qcsW65
Apr 26, 2018 12 Comments

(Using my friend's account for anonymity)

Base 140k
Equity 6000 RSU over 4 years (~$300k using preferred valuation, 200k 409a valuation)
Bonus 14k
No signing bonus

YoE: 1.5 yr at current company. Prior to that, 2 years SWE but in different industry.

Edit:
TC is lower than what I'm currently making right now considering 409a valuation, so I feel not much pulling me to Uber in terms of comp. Of course, not sure what is an "avg" performance scaling (0%-200%) percentage. Highly unlikely to be near 200%, I think. Your thoughts?

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TOP 12 Comments
  • Flatiron Health gmp
    Looks pretty similar to the swe 2 offer I got
    Apr 26, 2018 0
  • Jet / Eng OeLx34
    Is it accurate to calculate using preferred valuation? I thought that’s only for investors and employees are under 409a
    Apr 26, 2018 3
    • New / Eng
      Pooner

      New Eng

      PRE
      Uber, Amazon
      Poonermore
      Correct. Preferred is not for employees. Preferred has benefits like liquidation preference, anti-dilution, liquidation multiples.

      The round with SoftBank gives you a sense of appropriate discount.
      Apr 26, 2018
    • LinkedIn qcsW65
      OP
      Good point to bring up. Using 409a valuation brings equity to 200k/4 yrs
      Apr 26, 2018
    • Uber / Eng
      Rqwx5o

      Uber Eng

      PRE
      Google
      Rqwx5omore
      None of the benefits of preferred vs common matter if Uber IPOs next year. I would use the preferred price to evaluate the offer. That said, I think the company will IPO at a higher than the preferred price. I'm saying that based on what other ride sharing companies have been valued at recently
      Apr 26, 2018
  • LinkedIn qcsW65
    OP
    My bad. I think I meant swe 2. Swe 1 is for new grad or similar?
    Apr 26, 2018 1
    • Uber / Eng rar
      Yeah, new grads typically get eng 1 unless if they have a PhD
      Apr 26, 2018
  • Uber Gjqq85
    So did you join?
    Apr 30, 2018 0
  • Uber knight
    Looks good
    Apr 27, 2018 0
  • Microsoft Yeyouyeyou
    I think it is good
    Apr 26, 2018 0
  • Uber Asdfger
    Looks good as this is what they offer at this level.
    Apr 26, 2018 0
  • Uber / Eng rar
    This is really high for Eng1, are you sure it's not Eng2?
    Apr 26, 2018 0