uber L5 comp

Yahoo TVEO47
Jan 27, 2018 21 Comments

Hi blind,

Got an uber offer of 180K base, 600K rsu/4yrs, is the equity a little bit low or good?

I saw some other posts mentioned 800k to 1m+ for L5.

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TOP 21 Comments
  • Google H7h3d8x7
    Too low ask for 1m
    Jan 27, 2018 0
  • Uber Dr. No
    600k at what valuation. If they’re trying to sell you at 70B, I’d argue that the fair market value as evidenced by the SoftBank deal is lower.
    Jan 27, 2018 1
    • Microsoft qpOp40
      What do you mean as evidenced by SoftBank? SoftBank also gave Uber money at the $70 billion valuation as part of the deal. There are different share classes at play here and also some discount factor for third party markets.
      Jan 27, 2018
  • Apple chipotlefa
    Is there any joining bonus. What about yearly performance bonus?
    Jan 27, 2018 0
  • Microsoft
    yMcg47

    Microsoft

    BIO
    Amicitiae nostrae memoriam spero sempiternam fore
    yMcg47more
    How do you pay tax on rsu if it’s 250k a year?
    Jan 27, 2018 3
    • Microsoft qpOp40
      As soon as there is a liquidation event then all of your vested RSU’s are reported against that one year and you pay taxes at that point.
      Jan 27, 2018
    • Microsoft
      yMcg47

      Microsoft

      BIO
      Amicitiae nostrae memoriam spero sempiternam fore
      yMcg47more
      That sucks. That means you can have a year with high comp and many years of lower comp. not good for tax purposes
      Jan 27, 2018
    • Microsoft qpOp40
      That’s how it works for pretty much every pre-IPO company that issues RSU’s instead of options. The tax situation definitely sucks. But it also makes sense since you can’t actually sell any of it.
      Jan 27, 2018
  • Google nogifts
    I was hearing 70B a year ago and its still at best 70B valuation now? Not a good sign for its potential IPO.
    Jan 27, 2018 2
    • Microsoft XKBH16
      Were you paying attention to Uber news over the last year? It’s a miracle they managed to raise more money at the same valuation as last year! Definitely good sign for them, despite all the press hysteria.
      Jan 28, 2018
    • Google nogifts
      That’s right. Because the hustler TK was there. Now some nice guy aint gonna be able to cut it
      Jan 28, 2018
  • Uber Thatcher
    Never hurts to ask but is this for 5a or 5b? That could be why the others you saw had more RSU
    Jan 27, 2018 1
    • Yahoo TVEO47
      OP
      Thx, sure will, may i know what to expect if 5a and 5b repectively?
      Jan 27, 2018
  • Uber / Eng kigftj
    That’s a solid high 5a offer. It’s low for 5b. Do you know if it is a 5a or 5b offer?
    Jan 28, 2018 3
    • Apple chipotlefa
      What’s a difference between 5a and 5b
      Jan 28, 2018
    • Uber / Eng kigftj
      Originally there was only level 5 and it became clear after a few years that there was a breadth of skill and contribution in that band, that they split it into two. Our 5b is more like staff at other companies (in terms of skills and compensation).

      Tbh, the correct solution would have been to move the staff to senior staff and have the 5b’s be called staff instead. But what is done is done.
      Jan 28, 2018
    • Google sosjf
      what does a 5b offer like
      Aug 26, 2018
  • SAP / Eng LeetGod
    How many years of exp you have?
    Jan 27, 2018 1
    • Yahoo TVEO47
      OP
      5+
      Jan 27, 2018
  • Microsoft 42flefi
    Is it better to be a 5a or 5b?
    Aug 26, 2018 0
  • HERE / Eng herrkovax
    Definitely push for more equity. I just accepted an offer from them and the RSU was based on a 62B valuation. Your recruiter should cover that during the offer phase.
    Jan 27, 2018 0

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