Would you join Snap right now for 35% more TC?
Obviously Snap stock isn’t doing so great now, but with the change to no cliff and monthly even vesting, seems like the risk is lower? And I can always jump ship / boomerang. (FB stock isn’t so hot either.) Currently E5, 300k (promoted quickly, not going to catch up to new E5 offers), 5 YoE. Snap offer is ~425k not counting discretionary annual bonus. Role is more aligned with what I want to do. What would you do?
No way
Snap is going to crash and burn.
Go for it.
Did you grind leetcode for the interviews? We’re the interviews actually leetcode-like?
yeah I did, but not hardcore. did maybe 100 problems, mostly mediums and yes they were plus system design rounds
Congrats!
Just make sure you leave your team in good standing. If you do that you can always come back, probably at significantly higher pay.
++++++++++++++++++++++++++++++++++++++++++++++++++++++ this
In future probably u will get offer from anyplace u would want to go .. so I suggest take job which offers interesting work..
U already have a top tier company on ur resume; now chase that TC. 🙂
I’m joining Snap soon. Managed to increase my TC by 66% definitely Snap isn’t doing great but I can always jump the ship after one year. So I would say go for it
Make sure you're getting the math right. The way they calculate the RSU is a 2 month average of the 2 months prior of your join date. Example: if you join in October, they will calculate your stocks based on the Aug Sep average. Let me just illustrate that for you: if they said they would give you 400k in stocks for 4 years, but the stock is down by 10% yesterday, the market value of the offer is actually 10% lower, or 360k/4 years.
FB is not doing good either.