Interesting product and projects, amazing work life balance, generally good people
Uninspiring leadership, terrible middle management, massive bureaucracy considering company size, CEO is completely unqualified and demotivating, awful product prioritization, rampant technical debt, and no real decision making capability by ICs or line managers. Things used to be better, but culture and company has been on a steady decline.
What's your take on RDDT next week?
What does each private share actually sell for? I think it was $63/share at the last valuation, but some people said it’s way lower internally
I don’t see a strong profitable future for this company tbh TC 300K
Does the stock award come as an option, or is it private equity which converts to public shares in the event of an IPO?
Per WSJ, Reddit Plans to Sell Stock to Loyal Users in Unusual IPO Wager and intends to offer shares in the offering to 75,000 of its biggest users
Talking to a recruiter and they gave me a ball park range but didn’t catch the vesting period.
Reddit was calculating employee TC at $64 a stock. And now they are going to IPO at 31-34. Employees will probably be able to sell at like 25 because the stock is going to drop at open. I almost took the Reddit offer in 2021. Phewwww!!! Sorry guys.
#Did shorts try to cover after market? In 30 mins, wsb reddit went off, discord shut down, negative news, stock takes a dip and comes back up. This is big if they are panicking so much.
Have any of you bought any of these in the past 2 weeks: GME, BB, PLTR, NOK, BBBY because of all the discussion action on Reddit? Can Reddit buyers can really move the stock that much? I guess AMC and FUBO are popular ones as well.
Base: 195k Title: Senior Software Engineer. Total comp: 290K Location: Bay area. YOE: 7 PS: Reddit stock is pre ipo, so it's basically all paper money as of now. I also have an offer from PayPal where TC(>;300K) is considerably higher than Reddit. Also the PayPal stock is liquid. They are offeri
Hitting 4 year cliff very soon Instacart L5 190 base 180 stock per year @ 39b valuation 25 sign on Reddit 190 base 110 stock per year @10b valuation 25 sign on Discord 180 base 60 stock per year @7b valuation 30 sign on IC is a senior offer and the other 2 are SWE II. All fully remote. Intervie...Read more
What are your thoughts? 3 ways this IPO Might go...? Price collapses post lockup as early investors cash out at IRRs above their threshold. Reddit subs such as WSB pump up the stock, turning the platform itself into a meme stock On reddit, regulatory scrutiny increases as aggressive ad ...Read more
I received the below offer from Reddit Base: 240k Annual bonus: 0 RSU: 90k per year, for 3 years, based on 10B valuation. Does it make any sense to accept this over other offers with 2x RSU and 15% bonus? Reddit will need to grow to 25B valuation to break even. Their last valuation was 6B, but th...Read more
With the inflation getting better and stock market going up, any idea/news on when stripe or Reddit will go IPO ? Thanks
Interviewing for senior role at Reddit. What level is Senior Software Engineer at Reddit ? Is it IC4 or 5 ? TC: 680k at current stock price YoE: 7
(Of course, not expecting 🚀 like reddit stocks) #Microsoft #stock #msft