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.
Never hurts to ask but is this for 5a or 5b? That could be why the others you saw had more RSU
Thx, sure will, may i know what to expect if 5a and 5b repectively?
Is there any joining bonus. What about yearly performance bonus?
How do you pay tax on rsu if it’s 250k a year?
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.
That sucks. That means you can have a year with high comp and many years of lower comp. not good for tax purposes
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.
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.
I was hearing 70B a year ago and its still at best 70B valuation now? Not a good sign for its potential IPO.
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.
That’s right. Because the hustler TK was there. Now some nice guy aint gonna be able to cut it
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.
That’s a solid high 5a offer. It’s low for 5b. Do you know if it is a 5a or 5b offer?
What’s a difference between 5a and 5b
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.
Is it better to be a 5a or 5b?
Layoffs
Yesterday
35835
Google CFO confirms "large-scale" layoffs today (Apr 17)
Tech Industry
15h
2282
Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
Tech Industry
Yesterday
46546
Goog Employees Arrested
Cars
Yesterday
1786
Why are Americans obsessed with SUV?
Health & Wellness
10h
3887
Why are women naked in gym?
Too low ask for 1m