Uber Sr. EM offer

Google SF-ABC
Mar 14 33 Comments

L6, Senior Engineering Manager role
Base: $225K
Target Bonus: $42.5K
RSU: 30K units @ $42.52 (latest 409A valuation)
RSU refresher: 175K/4 years
Sign-on: $85K
YOE: 14

Would this be considered a fair offer?

comments

Want to comment? LOG IN or SIGN UP
TOP 33 Comments
  • Proofpoint / Otherinstant
    ((42.52×30,000)÷4)+42,500
    +225,000+(175,000÷4)
    +(85,000÷4)
    650k TC is a great offer!
    Mar 140
  • Okta doomsday
    Whoa this offer
    Mar 140
  • Microsoft hotsteppa
    Good. Take it! Congrats!!!
    Mar 140
  • Congrats! What’s current level at Google?
    Mar 150
  • Google worshipped
    Wasn't Uber's 409A price $48? Did they dilute again?
    Mar 155
    • Google SF-ABC
      OP
      Recruiter told me $42 was the 409A valuation price and $48 was the preferred share valuation
      Mar 15
    • Google worshipped
      Does Uber have preferred stock anymore? I heard that class of stock was removed in 2018. Or these are two different things?

      Also if 409A valuation is 42, it means stock was even more heavily diluted while selling to SoftBank is below the 2016 high.
      Mar 15
    • DoorDash P7gw9j2ha
      Preferred stocks usually convert to common stock on liquidity. So, I pretty sure they still have both classes of shares.
      Mar 15
    • Uber
      growthy

      Uber

      PRE
      Google, Facebook
      growthymore
      Preferred is not same as super voting. Also Uber’s 409A was never 48.
      Mar 15
    • Google worshipped
      Ohh $48 was the price the recruiter told me a month back.
      Mar 15
  • Square / EngSQ
    Nice humblebrag
    Mar 152
    • Google SF-ABC
      OP
      Didn't negotiate much in some of my past offers and have been burned. Looking to the Team Blind community to help out this time around.
      Mar 15
    • Square / EngSQ
      650k for an EM is extremely generous no matter your past.
      Mar 15
  • Tesla / EngmrDonald
    $42 is the strike price so you have to buy your options at this price?
    Mar 159
    • Uber mJJU45
      Nope, they’re RSUs
      Mar 15
    • Tesla / EngmrDonald
      How can they be RSUs if uber is not public?
      Afaik the strike price cannot be less than current evaluated pride. Might be wrong though.
      Mar 15
    • Two Sigma zxcasdq
      Being public or private doesn’t mean a company doesn’t have stock. Public just means it’s tradable on public exchanges.
      Mar 15
    • Tesla / EngmrDonald
      If you given options for 1mil, you have to pay to buy those options + pay taxes. So the guy needs to pay half a million in taxes and to the company for his potential 1.0 million in future money.
      Mar 15
    • Uber mJJU45
      They’re RSUs. Don’t incur tax until they vest, which happens at (or after) IPO
      Mar 15
    • Tesla / EngmrDonald
      So uber never had options?
      Mar 15
    • Uber mJJU45
      Yep I think they did until a few years ago, they might’ve been converted to RSUs. All new hires for the past few years have had RSU grants
      Mar 15
    • DoorDash P7gw9j2ha
      Private companies can hand out RSUs as well once they are late stage (series D+). Options would no longer be attractive to employees because of the large cost to exercise.
      Mar 15
    • Tesla / EngmrDonald
      Gotcha
      Mar 15
  • Snapchat dilbert123
    Congratulations! Great offer..higher than a L6 at Google. If L6 in Uber is Senior Manager, is L7 a Director?
    Mar 151
  • Jet.com xyAB123
    Offer seems good. Do you mind if I DM you about the interview process itself?
    Mar 150
  • Apple okbffvn
    Base can be higher. 225 is 5b base... everything else looks good
    Mar 151
    • Google ------+
      Yep. Base can be higher
      Mar 15
  • Facebook
    ATAG

    Facebook

    PRE
    Google
    ATAGmore
    It’s a great offer you shall take it , also generally cash bonus and refreshers could go up to 2x but in an ideal scenario it goes like (1.3x to 1.5x)
    Mar 150
  • Airbnb ejcitn
    Great offer
    Mar 150
  • Pinterest Ready
    The refreshers you mention kick in after year 1 right? Initially you are given only the equity grant
    Mar 150
  • Uber mJJU45
    Great offer 👍
    Mar 150
  • eBay abababbb
    We can exchange offers if you want
    Mar 150

Join verified employees in our anonymous social network!Download the app!

close