Will I be screwed if I don't take this Jet offer?

Feb 27, 2018 21 Comments

Jet offer is pretty good. 5 years exp, senior title, 160-170 base, 40k RSU, 20% bonus, 6% 401 match

I am considering passing to work for smaller company startup.

I am terribly conflicted. Was able to negotiate startup pay higher , but not as high..no bonus, no 401 k and at least 15k lower base . There are stock options, though..no renewal as far as I can tell.

Am I killing my future financial prospects? Am I making a mistake?

There's no going wrong here or is there?

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TOP 21 Comments
  • Walmart rrVR33
    Jet was a startup before it got acquired. Also the early employees are millionaires
    Feb 27, 2018 3
    • Microsoft / Eng Arye11
      Doesn’t mean every start up makes it
      Feb 27, 2018
    • OP
      I doubt this will be so profitable as I'm not hedging my bets on it being so thus why I negotiated better pay off the bat. Startup is in growth phase and more stable than most who knows where it will be in a few years. I'm not worried about that. I'm worried about not making the money I want TC wise in the future with a different company. I'm going to the startup for the experience.
      Feb 27, 2018
    • More like thousandaires
      Feb 28, 2018
  • Pinterest CarrotCake
    Do the one you want. That's an offer you can get again if you want to at a later date
    Feb 27, 2018 2
    • OP
      Thank you. I was most worried about this. I don't need the money right away. I would like to take a risk, and return to the job market a stronger candidate in (hopefully) a few years. Thanks for your response.
      Feb 27, 2018
    • Pinterest CarrotCake
      You're welcome
      Feb 27, 2018
  • Apple XaXE51
    Is it 40k Rsu or $40k rsu? How much is each rsu worth?
    Feb 27, 2018 3
    • OP
      $40k RSU equivalent value. I will receive the number of units equal to that dollar amount (based on my performance) per year. Every 6 months I'm able to get a promotion based on what I do which can increase the RSU. I can make more or less RSU based on my performance bracket.
      Feb 27, 2018
    • Apple XaXE51
      I personally think that you should do the one that makes you happier work wise. You will be able to get similar or better offers in the future. I also think this will be one of your last chances to do a startup before considering the ramifications with having a family
      Feb 27, 2018
    • OP
      Agreed..this helped a lot. My mind was basically made up already I was ready to sign. Had some last minute doubts due to worries about the future of my finances. However I'm a dink with another software engineer. We are buying a house within our budget and happy with the current finances. I have no worries if I can get same or better in the future
      Feb 28, 2018
  • Wish Cute cat
    If you are going to work at jet, you should come to wish instead. Same industry, much more successful with a smaller team.
    Feb 27, 2018 2
    • Square / Eng SQ
      How's the outlook for wish so far? You have bizarre recruiting. I've gotten pings from your marketing managers of all people.
      Feb 28, 2018
    • Wish Cute cat
      :) companies only hire aggressively when they are growing fast. Especially marketing managers!
      Feb 28, 2018
  • New stdio.h
    Not trolling:

    Read the book:

    The Monk who sold his Ferrari
    Feb 27, 2018 1
    • OP
      I need something like this.. thanks
      Feb 28, 2018
  • Salesforce Gtsa
    40k a year rsu?
    Mar 1, 2018 1
  • Morningstar mstar2019
    Did you join jet ?
    May 14 0
  • Walmart rrVR33
    They vest over 4 years. So technically you get 100k over 4 years (or 60k depending on whether you count grant or vest)
    Mar 2, 2018 0
  • Accenture @n0n
    Roll the dice, take the role you will be happier at. You never know where the valley lottery will take you.
    Feb 28, 2018 0