I have offer from both Sysdig : Sr SA Tc 210 + 12k Stocks Lacework SA Tc 180 + 20k Options Which one is better to choose? Current TC 180 No Stocks
Stay away from Sysdig. It’s a dying company. Only IBM and Goldman Sachs contracts and no growth for 5+ years
> no growth for 5+ years - Our security annualized revenue run-rate (ARR) has more than tripled over the last year. - Our customer base has grown to nearly 700 customers, spanning large enterprises, government agencies and mid-sized companies. The average annualized spend of our top 50 customers is more than $800K, illustrating the scale of deployment within large global enterprises. - Our net dollar retention as of the most recent fiscal quarter is 149%, illustrating the pace at which customers are expanding the footprint of their modern cloud applications. https://sysdig.com/blog/ceo-suresh-on-sysdig-series-g-funding/
Compare the growth between the 2 companies. Lacework has much higher potential.
Lacework did a huge (outrageously huge) funding round so they can buy a bunch of sales guys and just take over the market that way. If folks meet quotas maybe it will work? At Sysdig, we think we have the better product and our valuation has doubled in the last 8 months. We took $350MM to vastly expand our sales team. Depending on your strike price, you might rather have Sysdig RSUs than options. Either way, it is a big new market and a great place for an SA. Somebody is going to win and we'll probably know who this time next year.
just a really bad practice to hire a ton of sales people expecting it will change the trajectory of the company
Strike price at Lacework is $25 a share. That means 500K to purchase for 20K of ISO options. Sysdig is offering RSU’s. Something to consider.
Strike price is $8 - the FMV is ~$25.
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Yoe and location?
What did you choose
Beware. Read all the Sysdig reviews first on Blind.
+1
If you are joining Lacework be prepared to work 24/7
Not 24/7, you get few hours of sleep between days. Kidding aside. Yes, we are busy and we have lots of action. Being in hypergrowth mode, we are firing all cylinders. If someone is interested in doing great work and reap the benefits, it is the place of action. If you want to rest and vest, look somewhere else.
What’s up Lacework ? What would you say now since you guys have a massive layoffs… 😂
YOE?
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